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

• 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 P. Thomas.

In February 2020, Siemens issued bonds with a total value of about €5 billion, with maturities of three, five (in pounds sterling), six, nine and twelve years. This issuance included a tranche of £850 million (around €1 billion). The current issuance covers the maturities of two, three (in pounds sterling), four and six years.

Über die 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. The company is active around the globe, focusing on the areas of intelligent infrastructure for buildings and distributed energy systems, and automation and digitalization in the process and manufacturing industries. Through the separately managed companies Siemens Energy, the global energy business of Siemens, and Siemens Mobility, a leading supplier of smart mobility solutions for rail and road transport, Siemens is shaping the energy systems of today and tomorrow as well as 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 (as part of Siemens 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 2019, which ended on September 30, 2019, Siemens generated revenue of €86.8 billion and net income of €5.6 billion. At the end of September 2019, the company had around 385,000 employees worldwide. Further information is available on the Internet www.siemens.com.

Firmenkontakt und Herausgeber der Meldung:

Siemens AG
Wittelsbacherplatz 2
80333 München
Telefon: +49 (89) 38035491
Telefax: +49 (69) 7976664
http://www.siemens.com

Ansprechpartner:
Wolfram Trost
Media Relations
Telefon: +49 (89) 636-34794
E-Mail: wolfram.trost@siemens.com
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