22.08.2018
Sixt SE DE0007231326
DGAP-News: Sixt SE: Sixt places a long-term borrower's note loan with a volume of EUR 200 million at very attractive conditions
DGAP-News: Sixt SE / Key word(s): Financing
Sixt SE: Sixt places a long-term borrower's note loan with a volume of EUR
200 million at very attractive conditions
22.08.2018 / 09:21
The issuer is solely responsible for the content of this announcement.
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Pullach, 22 August 2018 - Sixt SE has successfully placed a borrower's note
loan with a total volume of EUR 200 million among institutional investors
from Germany and abroad on the capital market. The borrower's note loan
consists of three tranches, two of which have a period of five years with
fixed and variable returns. The third tranche has a period of seven years
with fixed returns. The note's pricing was at the lower end of the envisaged
target spread.
The placement was arranged by Landesbank Hessen-Thüringen (Helaba) and DZ
Bank within a period of only five weeks and was met with a very high demand
on the market.
For the first time Sixt SE used the innovative integrated digital platform
vc trade with this transaction. The platform fully digitalises the
established process from issuer to investor with the involvement of a bank,
expands the investor range, increases transparency as well as efficiency and
thereby reduces execution time and costs.
The funds will be used by the international mobility service provider to
finance further growth in its rental business.
Dr Julian zu Putlitz, CFO of Sixt SE: "We are very satisfied with the
conditions and the market resonance obtained by that emission. We are thus
continuing to secure the strong operating growth of Sixt with favourable
financing conditions and thereby further increase the long-term share of our
financing. Furthermore we reinforce our claim to innovation in financing
with the application of new technical solutions."
Contact:
Frank Elsner
Sixt Central Press Office
Tel.: +49 (0) 89 / 99 24 96 - 30
Fax: +49 (0) 89 / 99 24 96 - 32
Email: [email protected]
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22.08.2018 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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Language: English
Company: Sixt SE
Zugspitzstraße 1
82049 Pullach
Germany
Phone: +49 (0)89 74444-5104
Fax: +49 (0)89 74444-85104
E-mail: [email protected]
Internet: http://ir.sixt.com
ISIN: DE0007231326, DE0007231334 Sixt Vorzüge, DE000A1K0656 Sixt
Namensaktien, DE000A11QGR9 Sixt-Anleihe 2014/2020,
DE000A2BPDU2 Sixt-Anleihe 2016/2022, DE000A2G9HU0
Sixt-Anleihe 2018/2024
WKN: 723132
Indices: SDAX
Listed: Regulated Market in Frankfurt, Munich; Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,
Stuttgart, Tradegate Exchange
End of News DGAP News Service
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716165 22.08.2018
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