METRO AG completes EUR 600m bond issue without stabilization

Published 28/03/2025, 11:28
METRO AG completes EUR 600m bond issue without stabilization

FRANKFURT - METRO AG, a prominent wholesale and food specialist company, has successfully completed the issuance of a EUR 600 million senior bond with a five-year term, as per the post-stabilisation period announcement by Deutsche Bank AG (ETR:DBKGn), Frankfurt. The bond, with the ISIN code XS3015684361, was issued at a price of 99.8% and carries a spread over the benchmark German government bond (DBR 0% Feb-2030s) of 190.8 basis points.

The offering, which took place earlier this year, did not require any stabilisation actions to be taken. Stabilisation is a measure used by underwriters to support the market price of a security after its initial offering. According to the announcement made today, the appointed stabilising managers, including Citi, Deutsche Bank, Raiffeisen Bank International, Société Générale (EPA:SOGN), and UniCredit, did not engage in any such activities.

This development indicates that the bond offering attracted sufficient demand from investors, allowing it to maintain its market price without the need for additional support. The absence of stabilisation measures can be seen as a sign of investor confidence in METRO AG’s financial stability and the attractiveness of the bond issue.

It should be noted that the securities mentioned have not been registered under the United States Securities Act of 1933 and, therefore, may not be offered or sold within the United States absent registration or an exemption from registration. Furthermore, there has not been and will not be a public offer of the securities in the United States.

This information, based on a press release statement, is intended for informational purposes only and does not serve as an offer to underwrite, subscribe for, or otherwise acquire or dispose of any securities of the issuer in any jurisdiction.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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