(Berlin, October 15, 2015) Deutsche Bahn successfully increased today the eight-year € 400 million FRN bond issued in early October 2015 via its financing subsidiary, Deutsche Bahn Finance B.V., Amsterdam/the Netherlands by € 200 million.
The issue with a maturity of 8 years has a variable coupon of 3M-EURIBOR + 43bps and will be used by Deutsche Bahn to increase its financial flexibility.
The paper was placed with institutional investors from Europe, particularly from Germany. The issue will be listed on the Luxembourg Stock Exchange and can also be purchased with a denomination of € 1,000 by retail investors.
The issuing consortium was jointly led by Commerzbank, DZ Bank, ING Bank and The Royal Bank of Scotland.