Bond RCI Finance 0% ( FR0128449529 ) in EUR
| Issuer | RCI Finance |
| Market price | 100 % ⇌ |
| Country | France
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| ISIN code |
FR0128449529 ( in EUR )
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| Interest rate | 0% |
| Maturity | 06/08/2024 - Bond has expired |
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Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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| Minimal amount | / |
| Total amount | / |
| Detailed description |
RCI Banque is a French captive finance company specializing in automotive financing and insurance services, primarily supporting Renault and Nissan brands globally. RCI Banque S.A., a prominent French financial services company and the financing arm of the global automotive group Renault Group, recently saw one of its debt instruments, identified by ISIN code FR0128449529, reach its maturity date on August 6, 2024. This specific bond, issued from France and denominated in Euros (EUR), carried a stated interest rate of 0%, a characteristic that might imply it was structured as a zero-coupon bond or a similar debt instrument where interest is not paid periodically. At the time of its scheduled maturity, the bond's market price stood at 100% of its nominal value, confirming that the obligation was fully repaid to investors as per its terms. The principal reimbursement for this bond, which had a payment frequency indicated as '1' (likely signifying a single principal repayment at maturity given the zero interest), has now been successfully concluded by the issuer. |
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