Commentary & Deal Flow

EUROFIMA, European Company for the Financing of Railroad Rolling Stock, rated Aa2/AA/AA (stable/stable/stable) by Moody's/S&P/Fitch, has appointed BNP Paribas, BofA Securities, Deutsche Bank, J.P. Morgan, and NatWest as joint lead managers for a forthcoming €550m (no grow) Reg S bearer senior unsecured fixed rate September-2030 benchmark.

The deal will be launched in the near future, subject to market conditions. The issuer is available for investors calls, upon request.

• ESG Ratings: 4.6 (negligible risk) by Sustainalytics, B- (Prime) ISS ESG, MSCI ESG rating AAA, 100% climate-aligned Issuer by the Climate Bond Initiative.
• Target Market: The manufacturer target markets (MIFID II/UK MiFIR product governance) as assessed by the lead managers are eligible counterparties and professional (all distribution channels).
• Stabilisation: FCA/ICMA stabilisation.