Siemens issued bonds with a total value of €2.75 billion and maturities of five, nine and twelve years for general corporate purposes

  • Demand for bonds with a total value of €2.75 billion and maturities of five, nine and twelve years 2.5 times higher than issue volume
  • Placement directly after summer lull secures favorable financing conditions

MUNICH, 07-Sep-2018 — /EuropaWire/ — After a five-year absence, Siemens has made an impressive return to the euro capital market. For its new bonds, the company generated very strong demand of €6.8 billion. Siemens issued bonds with a total value of €2.75 billion and maturities of five, nine and twelve years. The high demand enabled Siemens to obtain very good interest-rate conditions over all maturities. At the time of price fixing, the average issue yield for all three maturities was 20 basis points (0.2 percentage points) below the initial indications.

The proceeds of the issuance will be used for general corporate purposes. The transaction closed today.

Further information on bonds and ratings is available at www.siemens.com/investor/en/bonds-ratings.htm

Siemens AG (Berlin and Munich) is a global technology powerhouse that has stood for engineering excellence, innovation, quality, reliability and internationality for 170 years. The company is active around the globe, focusing on the areas of electrification, automation and digitalization. One of the world’s largest producers of energy-efficient, resource-saving technologies, Siemens is a leading supplier of efficient power generation and power transmission solutions and a pioneer in infrastructure solutions as well as automation, drive and software solutions for industry. With its publicly listed subsidiary Siemens Healthineers AG, the company is also a leading provider of medical imaging equipment – such as computed tomography and magnetic resonance imaging systems – and a leader in laboratory diagnostics as well as clinical IT. In fiscal 2017, which ended on September 30, 2017, Siemens generated revenue of €83.0 billion and net income of €6.2 billion. At the end of September 2017, the company had around 377,000 employees worldwide. Further information is available on the Internet at www.siemens.com.

SOURCE: Siemens AG

Contact
Mr. Wolfram Trost
Siemens AG
Werner-von-Siemens-Straße 1
80333 Munich
Germany
Tel: +49 (89) 636-34794
wolfram.trost​@siemens.com

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