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Siemens AG Wittelsbacherplatz 2 80333 München, Germany http://www.siemens.com
Contact Mr Wolfram Trost +49 89 63634794
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Siemens AG

Strong trust in Siemens - Bonds of about €4 billion oversubscribed nearly fourfold

(PresseBox) (München, )
• Siemens again secures very favorable financing conditions
• High investor demand underscores excellent reputation on capital market

Siemens has issued new bonds with a total value of about €4 billion, including a tranche of £450 million (about €500 million). The transaction closed successfully today. The proceeds of the issuance will be used for general corporate purposes. At roughly €16 billion, investor demand was almost four times the issue volume.

“The strong demand underscores investors’ high level of trust in our financial strength and our excellent reputation on the capital market – even in the current situation,” said Siemens CFO Ralf W. Ptfwcn.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.