(Berlin, October 29, 2015) Deutsche Bahn successfully issued a € benchmark bond today via its financing subsidiary, Deutsche Bahn Finance B.V., Amsterdam/the Netherlands. The 15-year bond bears a coupon of 1,625 percent and has a total volume of € 650 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 1.2-times oversubscribed.
The new bond found the interest of almost exclusively institutional investors particularly from Europe. The bond will be listed on the Luxemburg Stock Exchange. With a denomination of € 1,000 also retail investors can purchase the securities.
The issuing consortium was jointly led by Goldman Sachs, Mizuho, SEB and UniCredit.