News Detail

Sixt Leasing raises ABS programme to EUR 500 million

• Hence further financing building block successfully completed

Pullach, 29 July 2016 - Sixt Leasing SE, one of the largest non-bank, vendor-neutral full-service leasing companies in Germany, at the end of July ramped up its asset backed securities (ABS) programme as planned to the target volume of EUR 500 million.

After having launched the ABS programme in the end of June with Commerzbank AG, now a second bank, the Landesbank Baden-Württemberg (LBBW), was successfully integrated into the programme. Both banking partners provide a financing volume of EUR 250 million each.

Björn Waldow, CFO of Sixt Leasing SE: "We are delighted that only one month after starting the ABS programme we could get another bank on board. With reaching the target volume of EUR 500 million, we were able to complete the next building block of our intended financing mix. Hence, we are fully on target regarding the reorganisation of the Group financing to external sources."

About Sixt Leasing
Sixt Leasing SE (WKN: A0DPRE / ISIN: DE000A0DPRE6) has its registered offices in Pullach near Munich. For about 50 years the Company has been one of the leading German mobility service providers. In addition, it is represented in further Western European countries and through strong franchise partners in around 35 countries worldwide. Sixt Leasing offers comprehensive services in its business fields Fleet Leasing, Fleet Management and Online Retail (private and commercial customer leasing).
In its Fleet Leasing business field the Company develops tailored full-service leasing solutions for corporate customers. It optimises their fleets' total cost of ownership over the long term and independent of manufacturer interests. Through its subsidiary Sixt Mobility Consulting GmbH, the Fleet Management business field offers this expertise also to customers who bought or leased their vehicles from a third party. For private and commercial customers Sixt Leasing developed the online platform www.sixt-neuwagen.de. The innovative website provides the means to configure the latest vehicle models from over 30 different car manufacturers and obtain an individual leasing offer. Customers thereby benefit from Sixt Leasing's expertise and economies of scale when buying their vehicle in the form of attractive conditions and additional services.
Since 7 May 2015 the shares of Sixt Leasing SE are traded on the Prime Standard Segment of the Frankfurt Stock Exchange. In 2015 the Group generated revenues of EUR 665 million.
www.sixt-leasing.com

Contact:
Sixt Leasing SE
Corporate Communications
Frank Elsner / Frank Paschen
Tel.: +49 (0)89/ 99 24 96 - 30
Fax: +49 (0)89/ 99 24 96 - 32
Email: [email protected]