Dentons advises banking consortium on €500 million placement of a benchmark corporate bond for SIXT SE

Frankfurt-Global law firm Dentons has once again advised the joint lead managers in connection with the successful placement of a benchmark corporate bond issued by SIXT SE with a total volume of €500 million.

The bond has a term of 4.5 years and an interest coupon of 3.75%. The issue, which has received a BBB long-term rating from S&P Global Ratings, met with exceptionally high demand from institutional investors in Germany and abroad and was again oversubscribed several times at its peak with an order book of over €1.6 billion. SIXT will use the proceeds to finance further growth, particularly the expansion of its vehicle fleet and the international network of locations, as well as investments in technology.

SIXT SE, based in Pullach near Munich, is one of the leading international providers of high-quality mobility services, including vehicle rental, car sharing, ride hailing and subscription. In 2025, the SIXT Group achieved consolidated pre-tax earnings of €400.5 million and consolidated revenues of €4.28 billion.

Frankfurt-based partner Oliver Dreher and the Debt Capital Markets team advised the joint lead managers on the deal. The team regularly advises leading placement banks and companies on corporate bonds, both on stand-alone transactions and on the creation and use of issuance programs.

Advisors

Dentons (Frankfurt): Oliver Dreher (Partner, Lead), Sven Henneke (Associate), Luis Michalzik (Project Manager Legal, all Capital Markets/Banking and Finance)

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