DB - Deutsche Bahn AG

01/10/2023 | Press release | Distributed by Public on 01/10/2023 11:13

First bond in 2023 issued

First bond in 2023 issued

01/10/2023 05:00 Category: News Deutsche Bahn AG DB Finance DB Group

Deutsche Bahn issued first € benchmark bond in 2023 (volume € 750 million)

(Berlin, January 10, 2023) Deutsche Bahn successfully issued a further € benchmark bond (ISIN: XS2577042893), the first bond in 2023, via its financing subsidiary, Deutsche Bahn Finance GmbH. The fifteen-year-bond has a total volume of EUR 750 million. The bond bears a coupon of 3.625%. The issuing price was 99.880% resulting in a yield of 3.636%.

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 Bank of America, Bayerische Landebank, Mizuho and NatWest Markets.