(Berlin, June 27, 2017) Deutsche Bahn successfully issued a GBP benchmark bond today via its financing subsidiary, Deutsche Bahn Finance B.V., Amsterdam/the Netherlands. The eight-year bond bears a coupon of 1.375 percent and has a total volume of GBP 300 million EUR 341 million). The issuing price was 99.783 percent resulting in a yield of 1.404 percent. The bond proceeds were swapped into Euros. The proceeds of the new issue will be used by Deutsche Bahn to increase its financial flexibility.
The bond was placed to institutional investors particularly from the UK and will be listed on the Luxemburg Stock Exchange. With a denomination of GBP 1,000 also retail investors can purchase the securities.
The issuing consortium was jointly led by Barclays Bank, BNP Paribas and NatWest Markets / the Royal Bank of Scotland.