Deutsche Bahn prints A$200 million 10-year Kangaroo deal

Wednesday, 01 July 2020

Issuer: Deutsche Bahn
Issuer rating: AA-/Aa1
Issue rating: as issuer
Pricing date: 1 July 2020
Settlement date: 8 July 2020
Maturity date: 8 July 2030
Lead managers: Daiwa Capital Markets, HSBC, RBC Capital Markets

Volume: A$200 million (US$137.9 million)
Total outstanding in the line: A$200 million
Coupon type: fixed
Coupon rate: 1.987%
Issue/re-offer price: par
Issue yield: 1.987%
Margin to swap: 113bp/s-q
Margin to ACGB: 105.9bp/May 2030