Flexible Electronics News

Infineon Places €750 Million Bond with a Maturity of Five Years

The proceeds will be used for general business financing and the refinancing of maturing debt.

Author Image

By: DAVID SAVASTANO

Editor, Ink World Magazine

Infineon Technologies AG successfully placed a corporate bond with a volume of €750 million under its EMTN (European Medium Term Notes) program. The issue was several times oversubscribed. The bond has an annual coupon of 2,875% and a term of five years. “With this successful transaction, Infineon was able to refinance upcoming maturities at very favorable conditions,” says Matthias Wolff, head of corporate finance at Infineon. The bond is issued in partial debentures with a nominal value ...

Continue reading this story and get 24/7 access to Ink World magazine for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Ink World magazine Newsletters