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This
publication is not an offer for sale nor a solicitation to buy or subscribe to
any securities in the United States. The information contained herein is not
for distribution, directly or indirectly, in or into the United States of
America and must not be distributed to U.S. persons (as defined in Regulation S
of the U.S. Securities Act of 1933, as amended (the "Securities
Act")) or publications with a general circulation in the United States of
America. Any securities referred to herein have not been and will not be
registered under the Securities Act. There will be no public offering of any
such securities in the United States of America.
Maturities of two, three, five, seven,
ten and twenty years
Most favorable interest rates to
date for Siemens U.S. dollar bonds
Strong demand – bond oversubscribed 2.5
times when price was determined
This
publication is not an offer for sale nor a solicitation to buy or subscribe to
any securities in the United States. The information contained herein is not
for distribution, directly or indirectly, in or into the United States of
America and must not be distributed to U.S. persons (as defined in Regulation S
of the U.S. Securities Act of 1933, as amended (the "Securities
Act")) or publications with a general circulation in the United States of
America. Any securities referred to herein have not been and will not be
registered under the Securities Act. There will be no public offering of any
such securities in the United States of America.
Maturities of two, three, five, seven,
ten and twenty years
Most favorable interest rates to
date for Siemens U.S. dollar bonds
Strong demand – bond oversubscribed 2.5
times when price was determined
With an
issue volume of US$10 billion, Siemens has executed its largest bond issuance
to date. In addition, this issuance is the second-largest U.S. dollar financing
measure by a German company since the year 2000. The price was set on March 2,
2021, and the transaction closed today. The fixed-rate bonds have maturities of
two, three, five, seven, ten and twenty years. In addition, there is a variable-rate
tranche with a maturity of three years. Here, Siemens has become the first
German company to use the new secured overnight financing rate. The bonds are
to be used to finance Siemens Healthineers’ acquisition of Varian, a move
that was announced in August 2020.
At the time
when the price was set, investor demand exceeded US$25 billion. Across all
maturities, Siemens secured its lowest interest-rate costs yet for U.S. dollar
bonds.
“Despite the
already high level of issuing activity on the market, there was strong demand
for our bonds. In addition, we secured outstanding conditions. These two
factors are a testament to the trust that the investors place in Siemens,” said
Ralf P. Thomas, Chief Financial Officer of Siemens AG.
Siemens AG (Berlin and Munich) is a global technology powerhouse that has stood for engineering excellence, innovation, quality, reliability and internationality for more than 170 years. Active around the world, the company focuses on intelligent infrastructure for buildings and distributed energy systems and on automation and digitalization in the process and manufacturing industries. Siemens brings together the digital and physical worlds to benefit customers and society. Through Mobility, a leading supplier of intelligent mobility solutions for rail and road transport, Siemens is helping to shape the world market for passenger and freight services. Via its majority stake in the publicly listed company Siemens Healthineers, Siemens is also a world-leading supplier of medical technology and digital health services. In addition, Siemens holds a minority stake in Siemens Energy, a global leader in the transmission and generation of electrical power that has been listed on the stock exchange since September 28, 2020.
In fiscal 2020, which ended on September 30, 2020, the Siemens Group generated revenue of €57.1 billion and net income of €4.2 billion. As of September 30, 2020, the company had around 293,000 employees worldwide. Further information is available on the Internet at www.siemens.com.