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Press Release06 September 2019Siemens AGMunich
Strong demand for Siemens
bonds
despite negative yields
The bonds
have maturities of two, five, ten and fifteen years. On issuance, the two-year
tranche of €1 billion had a yield of a negative 0.315 percent. Never before has
a corporate bond with a lower yield been offered on the primary market. On
issuance, the five-year tranche of €500 million offered a yield of a negative
0.207 percent. The ten-year bond of €1 billion offered a yield of 0.179
percent, while the fifteen-year tranche, which also totaled €1 billion, had a
yield on issuance of 0.550 percent.
"With this
transaction, Siemens has again secured outstanding financing conditions. The
high demand is proof of investor confidence in our financial strength and
underscores our company’s excellent reputation on the capital market," said
Siemens CFO Ralf P. Thomas.
For this press release
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. The company is active around the globe, focusing
on the areas of power generation and distribution, intelligent infrastructure
for buildings and distributed energy systems, and automation and digitalization
in the process and manufacturing industries. Through the separately managed
company Siemens Mobility, a leading supplier of smart mobility solutions for
rail and road transport, Siemens is shaping the world market for passenger and
freight services. Due to its majority stakes in the publicly listed companies
Siemens Healthineers AG and Siemens Gamesa Renewable Energy, Siemens is also a
world-leading supplier of medical technology and digital healthcare services as
well as environmentally friendly solutions for onshore and offshore wind power
generation. In fiscal 2018, which ended on September 30, 2018, Siemens
generated revenue of €83.0 billion and net income of €6.1 billion. At
the end of September 2018, the company had around 379,000 employees worldwide.
Further information is available on the Internet at www.siemens.com.
Contact
Mr. Wolfram Trost
Siemens AG
Werner-von-Siemens-Straße 1
80333 Munich
Germany
80333 Munich
Germany
+49 (89) 636-34794