(Berlin, March 05, 2013) Deutsche Bahn successfully issued a NOK bond yesterday under its MTN program via its financing subsidiary, Deutsche Bahn Finance B.V., Amsterdam/the Netherlands. The bond with a maturity of twelve years bears a coupon of 3.985 % and has a total volume of NOK 750 million (nearly € 101 million). The loan proceeds are swapped to the EUR, therefore Deutsche Bahn financing costs will be well below 2.5 %. The issuing price was 100.00 % resulting in a yield of 3.985 %. The bond will be used by Deutsche Bahn to increase its financial flexibility.
The bond was allocated as a private placement to an institutional investor in Scandinavia and will be listed on the Luxemburg Stock Exchange with a denomination of NOK 1 million. The bond was placed via the Deutsche Bank.