(Berlin, January 21, 2014) Today, Deutsche Bahn successfully issues the first AUD bond in its history via its financing subsidiary, Deutsche Bahn Finance B.V., Amsterdam/the Netherlands. The bond with a maturity of ten years bears a semiannual coupon of 5.395 % and has a total volume of AUD 90 million (nearly € 59 million). The issuing price was 100 % resulting in a yield of 5.395 % s.a. The loan proceeds are swapped to the EUR, therefore Deutsche Bahn achieved financing costs below 2.5 %. The bond will be used by Deutsche Bahn to increase its financial flexibility.
The bond was privately placed at institutional investors in the Apac region and will be listed on the Luxemburg Stock Exchange with a denomination of AUD 1 million. The bond was placed via Crédit Agricole CIB.