(Berlin, January 25, 2012) Deutsche Bahn successfully issued two CHF bonds under its MTN program via its financing subsidiary, Deutsche Bahn Finance B.V., Amsterdam/the Netherlands.
On of the bonds with a maturity of 5.5 years and a volume of CHF 150 million (€ 124 million) bears a coupon of 0.75%. The issuing price was 100.095% resulting in a yield of 0.732%.
The other bond with a maturity of 12 years and a volume of CHF 100 million (€ 83 million) bears a coupon of 1.5%. The issuing price was 99.532% resulting in a yield of 1.543%.
The bonds were predominantly allocated to institutional investors in Switzerland. To avoid foreign currency risk, Deutsche Bahn AG also completed cross currency swaps with identical maturities. The bonds are listed on the Swiss Stock Exchange SIX with a denomination of CHF 5,000.
The issuing consortium was co-headed by BNP Paribas, Deutsche Bank and UBS.