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Deutsche Bahn issues Singapore Dollar Bond

Deutsche Bahn issues a Singapore Dollar Bond with a volume of SGD 125 million (about € 73 million).

(Berlin, February 04, 2014) Deutsche Bahn successfully issued today a Singapore Dollar bond via its financing subsidiary, Deutsche Bahn Finance B.V., Amsterdam/the Netherlands. The bond with a maturity of 5 years bears a semi-annual coupon of  2.29 % and has a total volume of SGD 125 million (about € 73 million). The issuing price was 100.00 % resulting in a yield of 2.29 %. The bond emission will be used for financing an investment project in Singapore.

The bond was allocated to institutional investors in Singapore and will be listed on the Luxembourg Stock Exchange with a denomination of SGD 250,000.

The issuing consortium was co-headed by Mizuho Securities Asia.

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