Practice Areas - Debt Capital Markets Law Firms and Lawyers
| Deal Date: | 28-07-2016 | Practice Area: | Debt Capital Markets |
| Deal Title: | Deutsche Bahn AG Issuance of Negative Yield Bonds | Industry: | Industrial Transportation |
| Description: |
Clifford Chance advised a banking syndicate consisting of Bayerische Landesbank and Raiffeisen International AG on a bond issue by Deutsche Bahn. The volume of the bond, issued by Deutsche Bahn Finance B.V. and guaranteed by Deutsche Bahn AG, was EUR 350 million and the term of the bond was five years.
The issuance yield of the bond was -0.006%. This was the first euro-denominated corporate bond ever issued with a negative yield.
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| Financial Center: | Frankfurt | Value: | 100.01-500.00 |
| Advised Party: | Lead Manager | Law Firm | Clifford Chance |
| Issuer Jurisdiction | Germany | Listing Jurisdiction | Germany |
| Classification: |
Corporate Bonds Senior Debt |
Lawyer | Sebastian Maerker |
