(Berlin, October 14, 2015) Deutsche Bahn successfully issued a € benchmark bond today via its financing subsidiary, Deutsche Bahn Finance B.V., Amsterdam/the Netherlands. The ten-year bond bears a coupon of 1,25 percent and has a total volume of € 600 million. 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. It was nearly 1.4-times oversubscribed.
The new bond found the interest of almost exclusively institutional investors particularly from Europe but also 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 jointly led by Bayerische Landesbank, Citigroup, Intesa SanPaolo IMI and Société Générale.