Vossloh Successfully Places €250 Million Hybrid Bond

Vossloh AG has announced the successful placement of a €250 million hybrid bond. The issuance was significantly oversubscribed, indicating strong demand from institutional investors. This reflects confidence in Vossloh's strategic direction. The bond offers a coupon rate of 5.375%, at the lower end of the marketing range, and has an indefinite term, callable by Vossloh after five years. It is fully categorized as equity under IFRS standards.

The funds will primarily enhance Vossloh's digital competencies related to railway infrastructure. Focus areas include data collection, processing, and analysis using sensors, imaging, and AI-driven methods. These capabilities aim to support network operators in planning, control, and maintenance efficiently.

Vossloh used this opportunity to redeem a 2021-issued hybrid bond of €150 million. Jefferies acted as the global coordinator for this transaction.