Today 09/28/2016 - 03:40:47 PM
Peugeot SA 13.605€
CAC 40 4,447.39 PTS
Banco PSA Finance Brasil S.A. (Aa2.br), 100% owned by Banque PSA Finance, raised BRL 200 million (approximately €78 million) in an inaugural transaction on Brazilian bond market on 18 June 2012. The bonds have a maturity of June 2014 and a floating rate of CDI + 1.5%.
This transaction illustrates the opening of the Brazilian bond market for Banco PSA Finance Brasil S.A., and paves the way for further diversification of its funding in the future. It shows the successful strategy of Banque PSA Finance to diversify its sources of financing.