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Renault unit RCI Banque issues €750M bond


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Renault unit RCI Banque issues €750M bond

French automotive finance firm RCI Banque SA issued a €750 million bond.

The fixed-rate notes mature January 2027 and bear a coupon of 1.125%.

RCI Banque said the issuance attracted €2 billion in final orders from about 195 subscribers.

RCI Banque is a unit of French automobile manufacturer Renault SA.