DB - Deutsche Bahn AG

09/21/2021 | Press release | Distributed by Public on 09/21/2021 10:21

Ninth bond in 2021 issued

Ninth bond in 2021 issued

09/21/2021 06:00 Category: News Deutsche Bahn AG DB Finance DB Group

Deutsche Bahn issued further € benchmark bond (volume € 750 million)

(Berlin, September 21, 2021) Deutsche Bahn successfully issued a further € benchmark bond (ISIN: XS2391406530) via its financing subsidiary, Deutsche Bahn Finance GmbH. The ten-year-bond has a total volume of EUR 750 million. The bond bears a coupon of 0.350%. The issuing price was 99,853% resulting in a yield of 0.365%.

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, Bank of America, ING and Intesa SanPaolo.