(Berlin, June 18, 2013) Deutsche Bahn successfully issued a Swiss Franc bond today via its financing subsidiary, Deutsche Bahn Finance B.V., Amsterdam/the Netherlands. The bond with a maturity of ten years bears a coupon of 1.375 % and has a total volume of CHF 275 million (€ 223 million). The issuing price was 100.326 % resulting in a yield of 1.34 %. The bond will be used by Deutsche Bahn to increase its financial flexibility.
The bond was allocated to Swiss investors and will be listed on the Swiss Stock Exchange SIX with a denomination of CHF 5,000. To avoid foreign currency risk, DB Group also completed a cross-currency swap with an identical maturity.
The issuing consortium was co-headed by Commerzbank, The Royal Bank of Scotland and UBS.