Leasys prices the seventh issuance in public format under its Euro Medium Term Note Programme

• Leasys successfully priced a new Euro 750 million offering of senior unsecured notes due July 2030, with a fixed coupon of 3.70% at MS + 70 bps.
• The transaction attracted an order book peaking at over Euro 1.85 billion, courtesy of more than 110 orders, and closing with an oversubscription of almost 2.5 times.
  

Today Leasys S.p.A priced a new Euro 750 million senior unsecured offering due July 2030, issued under its recently updated € 10 billion Euro Medium Note Programme, listed on the regulated market of Euronext Dublin.

The final coupon was set at 3.70% with the re-offer spread over mid-swap of 70bps, implying a tightening of 25bps from the initial price offering and reflecting the strong quality of the order book.

This transaction represents the seventh public issuance under the Group’s EMTN Programme and confirms the strong appetite of the international investor community for the Company’s credit profile.

Leasys
Leasys is a joint venture between Stellantis and Crédit Agricole Personal Finance & Mobility. European leader in medium- to long-term rental, boasting a fleet of over 912,000 vehicles, Leasys offers integrated mobility solutions for individuals, professionals and companies. Aiming to lead the evolution of the sector across the continent, the company is at the forefront of the transition towards increasingly sustainable, efficient and digitalized mobility. Leasys operates in 11 European countries: Austria, Belgium, France, Germany, Italy, Luxembourg, the Netherlands, Poland, Portugal, UK and Spain.