Deutsche Bahn issues Swiss Franc bond

Deutsche Bahn issues Swiss Franc Bond with a volume of CHF 175 million (about € 161 million)

(Berlin, November 2nd, 2015) Deutsche Bahn successfully issued a Swiss Franc bond today via its financing subsidiary, Deutsche Bahn Finance B.V., Amsterdam/the Netherlands. The ten-year bond bears a coupon of 0.1 percent and has a total volume of CHF 175 million (about € 161 million). The proceeds of the new issue will be used by Deutsche Bahn to increase its financial flexibility.

The bond was allocated to Swiss investors and will be listed on the Swiss Stock Exchange SIX with a denomination of CHF 5,000. To avoid foreign currency risk, DB Group also completed a cross-currency swap with an identical maturity.

The issuing consortium was jointly led by Credit Suisse.