Report
RCI Banque : Issuance Focus
RCI Banque is returning to the market for a Tier 2 note callable 2034/29, rated Ba1/BB. IPT has just been announced at MS+300/310 bp. While the group cannot say so today, we think this debt issues covers the refinancing of the € 850m Tier 2 2030 note callable on 18 February 2025. RCI is one of the few captives to issue Tier 2 debt. This is an opportunity for investors to take a position in a solid credit, rated Baa1/BBB-, rare in the subordinated segment, with a spread pick-up c...
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.
Carine Maciol
Other Reports from Oddo BHF
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.