Commentary & Deal Flow

Final Books in excess of €1.6bn. Peak book in excess of €1.6bn.

Launched: 4.5yr: €500m @ MS+90bp - Books in excess of €1.4bn
IPTs: 4.5yr: MS+115a

• Issuer: Sixt SE
• LEI: 5299004ZME6CSBR7WP07
• Issuer Rating: BBB (stable) by S&P
• Expected Issue Rating: BBB by S&P
• Format: Reg S, Bearer, Senior Unsecured, Temporary Global Note exchangeable against a Permanent Global Note
• Size: €500m
• Tenor: 4.5-year
• Maturity date: 15-Jan-31
• Coupon: Fixed, Annual, ACT/ACT, Short First Coupon, following, unadjusted
• Settlement: 15-Jul-26 (T+5)
• Reference Benchmark: DBR 2.4% 15-Nov-30 / HR 101%
• Hedge Deadline: 14:25 UKT / 15:25 CET
• ISIN: DE000A46Z700
• Docs: Debt Issuance Programme / CoC / Tax Call / 2-month Par Call / Clean-up Call (80%)
• Denomination: €1k x 1k
• Listing: Luxembourg Stock Exchange, Regulated Market
• Governing Law: German
• Selling Restrictions: As set out in the Base Prospectus (the "Base Prospectus") dated 19-May-26 (no communication with the U.S., no sales into Canada)
• UoP: General Corporate Purposes
• Target Market: As determined by the Joint Bookrunners: Manufacturer target market (MiFID II product governance) is eligible counterparties, professional clients and retail clients (In each case execution only, non-advisory business, and advisory business as distribution channels)
• Joint Bookrunners: BayernLB, Commerzbank, Deutsche Bank (B&D), ING and UniCredit
• Advertisement: This communication is an advertisement for the purposes of Regulation (EU) 2017/1129 and underlying legislation. It is not a prospectus. The Base Prospectus and the Final Terms, when published, will be available at: https://www.luxse.com/issuer/Sixt/63639
• Marketing: A voice-over investor presentation is available at www.netroadshow.com | Entry code: mobiLity26 | Direct link: www.netroadshow.com/nrs/home/#!/?show=ba17a87d
• Timing: Books open, today's business
• Books Subject Deadline: 12.30 LDN / 13.30 CET