16 May 2019

FCA Bank prices Eur 800 million debt offering

FCA Bank acting through its Irish Branch successfully priced today a Eur 800 million offering of unsecured senior debt securities due November 2022, with a fixed rate coupon set at 0.625%.

This Eurobond issuance, the second since the beginning of 2019, attracted an order book of about Eur 2.8 billion from more than 220 investors.

This transaction further strengthens the group's funding position and confirms the investors' confidence in FCA Bank.

 

Turin, 16th May 2019

 

FCA Bank 

FCA Bank is a bank engaged mainly in car finance, with the objective of meeting any mobility requirement also through its Leasys subsidiary. It is an equally-held joint venture between FCA Italy, a company of global car manufacturer Fiat Chrysler Automobiles N.V. and Crédit Agricole Consumer Finance, a company of the Crédit Agricole group, a leader in consumer lending. FCA Bank provides financing products to support the sales of prestigious automotive brands in Italy and in Europe. The credit, leasing, rental and mobility financing programs provided by FCA Bank are designed specifically for dealer networks, individuals and corporate fleets. FCA Bank operates through  subsidiaries and branches in 17 European countries and in Morocco. At 31 December 2018, FCA Bank had a loan and lease portfolio of approximately €26.8 billion. 

 

For more information: www.fcabankgroup.com

+39.011.0063088

 

 

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