06 May 2009

RCI Banque issues €750 million in three-year bonds

Publication Date : 06 May 2009
Credits : dr
ID : : 5ea39f69f4afb3200ef34476

RCI Banque has issued today a bond with a maturity of three years and a coupon of 8.125%. The transaction was oversubscribed more than 8 times, testifying to investor confidence in the financial health of RCI Banque, which had a core tier 1 solvency ratio of 10.8% at December 31, 2008.

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