Sixt Leasing AG (ISIN: DE000A0DPRE6) has been listed in the Prime Standard of the Frankfurt Stock Exchange since 7 May. A total of about 12.4 million shares were placed in the IPO, of which about 5.6 million were new shares from a capital increase. The total issue volume including greenshoe was €247 million. The initial listing price was €20.40; the issue price was €20.00.
“With a listing in Prime Standard Sixt Leasing AG has selected the segment with the highest transparency requirements in the Regulated Market. The company is thus excellently positioned for investors,” said Gregor Pottmeyer, CFO of Deutsche Börse AG. “We welcome Sixt Leasing AG as a subsidiary company of the listed company Sixt SE on the Frankfurt Stock Exchange and congratulate on their step towards the capital market.”
Dr. Rudolf Rizzolli, CEO of Sixt Leasing AG: “Over the last few years Sixt Group's leasing business has followed a sustained growth track and performed very successfully. With the IPO we offer investors the opportunity to invest in a company that holds huge growth potential, both in its fleet as well as its private and commercial customer business.”
Joh. Berenberg, Gossler and Co. KG and Commerzbank AG are joint global coordinators and joint bookrunners. Commerzbank AG acted as well as designated sponsor of the IPO. Baader Bank AG acted as a specialist.
According to company sources, Sixt Leasing AG is one of Germany's leading vendor-neutral, non-bank leasing providers with subsidiary companies in Austria, Switzerland, France and the Netherlands. For corporate customers the company develops tailored full-service leasing solutions. Based on decades of expertise and highly efficient process management Sixt Leasing optimises the fleets' total operating costs over the long term and independent of manufacturers. Private and commercial customers are being addressed by the innovative online platform www.sixt-neuwagen.de. In 2014, Sixt Leasing achieved consolidated revenues of €575.0 million. For further information: www.sixt-leasing.com