(Berlin, January 22, 2024) Deutsche Bahn successfully issued a further € benchmark bond (ISIN: XS2755487076), the first bond in 2024, via its financing subsidiary, Deutsche Bahn Finance GmbH. The fourteen-year-bond has a total volume of EUR 500 million. The bond bears a coupon of 3.375%. The issuing price was 98.505% resulting in a yield of 3.482%.
The proceeds of the issue will be used by Deutsche Bahn to increase its financial flexibility. The bond was primarily placed to institutional investors from Europe.
The issuing consortium was jointly led by Bayerische Landesbank, Goldman Sachs, Raiffeisen Bank International and Société Générale.