OREANDA-NEWS. thyssenkrupp AG today issued a 750 million Euro bond under the company’s 10 billion Euro Debt Issuance Programme. Joint bookrunners are BNP Paribas, Deutsche Bank, Mediobanca, MUFG and Soci?t? G?n?rale. The bond, which was issued with a maturity of 5 years, carries a coupon of 2.75 percent p.a. at an issue price of 99.425 percent.

With this transaction thyssenkrupp AG made use of a positive window in a generally very volatile market environment and extends its maturity profile.

The bond has a minimum denomination of 1,000 Euro and is therefore eligible to be bought at the stock exchange by retail investors – presumably starting on March 8, 2016.

thyssenkrupp is a diversified industrial group with traditional strengths in materials and a growing share of capital goods and services businesses. Around 155,000 employees in nearly 80 countries work with passion and technological expertise to develop high-quality products and intelligent industrial processes and services for sustainable progress. Their skills and commitment are the basis of our success. In fiscal year 2014/2015 thyssenkrupp generated sales of around €43 billion.

Together with our customers we develop competitive solutions for the challenges of the future in the areas Mechanical, Plant and Materials. With our engineering expertise we enable our customers to gain an edge in the global market and manufacture innovative products in a cost- and resource-friendly way. For us, technical progress and innovations, allied with the combined strength of the Group, are key factors enabling us to meet current and future customer and market requirements around the world, grow on the markets of the future, and generate strong and stable earnings, cash flows and value growth.