Clifford Chance
Clifford Chance acts on RCI Banque's inaugural Tier 2 Bonds Issuance
21 November 2019
- Cedric Burford, Auriane Bijon, Alexander Tollast, Frédérick Lacroix, Hélène Kouyaté, Louis-Auguste Barthout
- Paris
Clifford Chance acts on RCI Banque's inaugural Tier 2 Bonds Issuance
Clifford Chance advised RCI Banque on its issuance on 18 November 2019 of EUR 850,000,000 fixed rate resettable subordinated bonds due 18 February 2030. The bonds are expected to form part of the RCI Banque group's Tier 2 capital, reinforcing its regulatory capital and optimising its regulatory structure. The net proceeds will be used by RCI Banque for its general corporate purposes. The bonds are admitted to trading on Euronext Paris, a regulated market.
Clifford Chance acted for RCI Banque on the issuance, with a capital markets team composed of Cédric Burford (Partner), Auriane Bijon (Counsel) and Alexander Tollast (Associate) and a regulatory team composed of Frédérick Lacroix (Partner), Hélène Kouyaté and Louis-Auguste Barthout (Associates).
