On May 27, 2026, GC Crédit-Bail Québec Inc., a Canadian subsidiary of German specialty finance group grenke AG, completed a private placement in Canada of $100 million aggregate principal amount of 4.611 percent senior unsecured notes, Series 1, due 2029. The notes were offered on a prospectus-exempt basis, with RBC Dominion Securities Inc. acting as sole agent.

grenke AG is a Germany-headquartered global provider of small-ticket leasing, offering financing for information technology, industrial and medical equipment to small and medium-sized enterprises. GC Crédit-Bail Québec Inc. is the group's Canadian leasing operating company, with offices in Montréal, Toronto and Vancouver.

The transaction represents the Series 1 issuance under the issuer's Canadian senior unsecured note programme and provides medium-term, Canadian-dollar denominated, fixed-rate funding to support the issuer's Canadian leasing operations. As a private placement to institutional investors, the notes were not qualified by prospectus for public distribution in Canada and have not been registered under the United States Securities Act of 1933 or any state securities laws.

Publicly disclosed terms include the $100 million aggregate principal amount, a fixed coupon of 4.611 percent per annum, a 2029 maturity, and the designation of the notes as Series 1 senior unsecured obligations of the issuer.