Deutsche Bahn issued private placement

Deutsche Bahn issued a private placement with a volume of SEK 530 million.

(Berlin, July 11, 2017) Deutsche Bahn successfully issued a private placement today via its financing subsidiary, Deutsche Bahn Finance B.V., Amsterdam/the Netherlands. The 15-year bond bears a coupon of 2.200 percent and has a total volume of SEK 530 million (about € 55 million). The issuing price was 100 percent resulting in a yield of 2.200 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 from South Korea and will be listed on the Luxemburg Stock Exchange with a denomination of SEK 1,000,000. The bond was placed via Crédit Agricole.