(Berlin, June 21, 2011) After a successful issue in May 2011 Deutsche Bahn issued another euro benchmark bond today via its financing subsidiary, Deutsche Bahn Finance B.V., Amsterdam/the Netherlands. The five-year bond bears a coupon of 2.875 % and has a total volume of € 500 million. The issuing price was 99.638 % resulting in a yield of 2.954 %. The proceeds of the new issue will be used by Deutsche Bahn to refinance maturing debt.
In a volatile market environment the order book has a large granularity with retail investors mainly residing in Germany and Switzerland. 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 BayernLB, Banca Imi, DZ Bank and SEB.