Deutsche Börse places corporate bond of 600 million euros

Current market environment allows favorable refinancing

Deutsche Börse AG has successfully placed a corporate bond on the market in an amount of EUR 600 million. The bond is divided into units of EUR 1,000 and has a term of ten years and a coupon of 2.375 percent annually. It will be listed on the Frankfurt Stock Exchange's regulated market as well as on the Luxembourg Stock Exchange. Deutsche Börse AG also plans to list it in the new transparency segment, the Prime Standard for corporate bonds. “The successful bond issue is proof of the high degree of trust the capital market places in our company,” commented CFO Gregor Pottmeyer. “This applies to both our strategic orientation and the extraordinary stability of our financial position.”

The bond largely serves to refinance some of the outstanding long-term financial liabilities totaling approximately EUR 1.6 billion. Deutsche Börse thus took advantage of the current market environment to generate funds for redemption of bonds maturing in 2013. It has also made a buyback offer to holders of existing bonds, in order to directly utilize issue proceeds and optimize Deutsche Börse’s financial result.

The corporate bond placement was supported by a banking consortium led by joint book runners BNP Paribas, Citigroup and Deutsche Bank.