• High investor demand underscores excellent reputation on capital market
Siemens has issued new bonds with a total value of about €4 billion, including a tranche of £450 million (about €500 million). The transaction closed successfully today. The proceeds of the issuance will be used for general corporate purposes. At roughly €16 billion, investor demand was almost four times the issue volume.
“The strong demand underscores investors’ high level of trust in our financial strength and our excellent reputation on the capital market – even in the current situation,” said Siemens CFO Ralf T. Uhywcq.
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