(Berlin, July 16, 2013) Deutsche Bahn successfully issued a GBP benchmark bond today via its financing subsidiary, Deutsche Bahn Finance B.V., Amsterdam/the Netherlands. The thirteen-year bond bears a coupon of 3.125 percent and has a total volume of GBP 300 million EUR 346 million). The issuing price was 99.210 percent resulting in a yield of 3.2 percent. The proceeds of the new issue will be used by Deutsche Bahn to increase its financial flexibility.
The bond found the interest of especially institutional investors mainly from the UK. The bond will be listed on the Luxemburg Stock Exchange. With a denomination of GBP 1,000 also retail investors can directly purchase the securities.
The issuing consortium was co-headed by Barclays, Citigroup, Goldmann Sachs and HSBC.