SHERIDAN, WYOMING – Feb. 13, 2025 – Leasys S.p.A. has successfully priced a €500 million offering of unsecured senior debt securities due August 2027, with a fixed rate coupon set at 2.875%. This significant financial achievement marks the sixth public issuance under Leasys’ €8 billion Euro Medium Term Note (EMTN) Programme.
Strong Investor Confidence Fuels Oversubscribed Offering
The issuance, priced on February 10, 2025, attracted substantial interest from the investment community, resulting in a highly impressive order book exceeding €2 billion. This strong demand came from over 140 investors, demonstrating considerable market confidence in Leasys's financial strength and growth trajectory. "This transaction represents the sixth public issuance under the Leasys’ Euro 8 billion EMTN Programme, attracting a very high-quality order book in excess of Euro 2 billion from over 140 investors," stated a Leasys representative. The company emphasized that this issuance, their first in 2025, further solidifies their funding position and underscores investor belief in Leasys's ambitious growth plans. "This issuance, the first one in 2025, further strengthens the group’s funding position, confirming the investors’ confidence in Leasys growth ambitions."
Leasys: A Pioneer in Sustainable Mobility Solutions
Leasys, a joint venture between automotive giant Stellantis and Crédit Agricole Consumer Finance, is a leading provider of innovative mobility solutions. Their comprehensive offerings encompass a wide range of services, from medium and long-term rentals to advanced fleet management systems. The company is committed to delivering efficient, rational, safe, and sustainable mobility for its customers. "Leasys, a joint venture between Stellantis and Crédit Agricole Consumer Finance, offers mobility solutions which range from medium and long-term rentals to management systems for company fleets, guaranteeing efficient, rational, safe and sustainable mobility."
Formed through the merger of two prominent industry players, Leasys and Free2Move Lease, the company has quickly become a pioneer in the evolving landscape of integrated and global mobility. They cater to a diverse clientele, including individuals, professionals, and companies of all sizes. "Created out of the merging of two leading companies in the sector, Leasys and Free2Move Lease, the new company has established itself as a pioneer of the new idea of fluid, integrated and global mobility designed for individuals, professionals and companies of all sizes."
Expanding European Footprint and Extensive Fleet
Leasys currently manages an impressive fleet of 900,000 vehicles, operating across 11 European countries: Italy, Spain, France, UK, Germany, Belgium, Netherlands, Portugal, Poland, Luxembourg, and Austria. "Leasys boasts of a managed fleet of 900,000 vehicles which is already operational in 11 European countries: Italy, Spain, France, UK, Germany, Belgium, Netherlands, Portugal, Poland, Luxembourg and Austria." This extensive network and substantial fleet size solidify Leasys's position as a key player in the European mobility market.
Looking Ahead
The successful €500 million EMTN issuance provides Leasys with the financial resources to further invest in its growth initiatives and continue developing innovative mobility solutions. The strong investor confidence reflected in the oversubscribed offering reinforces Leasys's commitment to sustainable and customer-centric mobility.
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