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Deutsche Bahn issues € benchmark bond

Deutsche Bahn issues € benchmark bond with volume of € 500 million

(Berlin, September 2, 2013) Deutsche Bahn successfully issued an € benchmark bond today via its financing subsidiary, Deutsche Bahn Finance B.V., Amsterdam/the Netherlands. The ten-year bond bears a coupon of 2.500 percent and has a total volume of € 500 million. The issuing price was 99.624 percent resulting in a yield of 2.543 percent. The proceeds of the new issue will be used by Deutsche Bahn to increase its financial flexibility.

The demand for the bond was higher than the volume offered. The bond was approximately 1.2- times oversubscribed.

The new bond found the interest of institutional investors mainly from Europe, particularly from Germany and the Netherlands. Furthermore a smaller part of the bond found the interest of investors from Asia. The bond will be listed on the Luxemburg Stock Exchange. With a denomination of € 1,000 also retail investors can directly purchase the securities.

The issuing consortium was co-headed by Bayerische Landesbank, Intesa SanPaolo, Mizuho and Société Générale.

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