Oddo BHF - RCI Banque : Focus Emission

Report

Oddo BHF

Carine Maciol

RCI Banque : Focus Emission

RCI Banque vient sur le marché pour une première émission d’AT1 callable 2031, notée Ba3. L’IPT vient d’être annoncé à 6.750%.
Après des émissions de Tier 2 réussies et plébiscitées, RCI Banque est la première captive auto à venir sur le marché des AT1 en euro. Cette émission a un encours sub-benchmark de 400 m EUR et sera a priori la seule AT1 de la banque.

17/09/2025 1 FR

Provider

Oddo BHF

Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

See profile

Analysts

Carine Maciol

Other Reports from Oddo BHF

Jean-François Granjon

Jean-François Granjon

GTT : Pending new orders

1h / 42m 1h / 42m 1 EN

Jean-François Granjon

Jean-François Granjon

GTT : Dans l’attente de nouvelles commandes

1h / 48m 1h / 48m 1 FR

Carine Maciol

Carine Maciol

RCI Banque : Issuance Focus

RCI Banque taps the market with its first AT1 bond issue callable in 2031, rated 'Ba3'. The IPT was recently announced at 6.750%. Following successful and well-received Tier 2 issues, RCI Banque is the first auto captive finance company to enter the EUR AT1 market. The issue has € 400m in sub-benchmark outstandings. It will also likely be the bank's only AT1 issue.

2h / 26m 2h / 26m 1 EN

Sign-up for free to access full reports immediately

Email Address*

Choose Password* ( 6 or more characters )

Due to regulatory restrictions regarding the distribution of financial research, this report is restricted to a specific region or investor type. Get access to exclusive reports by answering the questions below.

Select your country*

Get financial insights straight to your inbox

By clicking "register" you accept the Terms and Conditions & Privacy Policy

Already on ResearchPool?

Almost there...

Are you a professional investor?

Select your country

REGISTER

Create a free ResearchPool account to access full reports, get a personalised dashboard and follow providers or companies

In order to access this report please create an account.

LOGIN

RCI Banque : Focus Emission

GTT : Pending new orders

GTT : Dans l’attente de nouvelles commandes

RCI Banque : Issuance Focus

Create a free ResearchPool account to access full reports, get a personalised dashboard and follow providers or companies

Sign-up for free to access full reports immediately

ResearchPool Subscriptions

Get the most out of your insights

Why subscribe?

How to subscribe

ResearchPool Subscriptions

This report is only available to subscribers

Why subscribe?

How to subscribe