Dual-tranche bond issue in a volume of € 1.5 bn

Deutsche Bahn issued a € benchmark bond in two tranches (9 and 19 years).

(Berlin, June 16, 2020) Deutsche Bahn successfully issued another € benchmark bond in two tranches today via its financing subsidiary, Deutsche Bahn Finance GmbH with a total volume of EUR 1,500 million:  

 1st tranche 2nd tranche 
Volume (EUR million)  850650
Maturity (years) 919
Coupon (%) 0.3750.875
ISIN XS2193666042XS2193666125 

The proceeds of the new issue will be used by Deutsche Bahn to increase its financial flexibility. 

The issue was placed mainly with institutional investors from Europe and Asia and will be listed on the Luxemburg Stock Exchange (Euro-MTF). With a denomination of € 1,000 also retail investors can purchase the securities. 

The transaction was jointly led by Bank of America, Crédit Agricole, Deutsche Bank and NatWest Markets. 

to overview