KION GROUP AG Successfully Secures €500 Million Bond

KION GROUP AG has issued a bond worth €500 million, targeting both institutional and retail investors. This bond, maturing in November 2029, carries an annual coupon of 4.0% and was launched at a price of 99.46%. The proceeds aim to refinance existing debts, mainly maturing in 2025, thereby enhancing KION's financial flexibility.

The bond issuance reflects KION's strategic use of its Euro Medium Term Note (EMTN) program, aiming to bolster its financing resilience amid challenging market conditions. CFO Christian Harm expressed satisfaction with the strong investor interest in this offering.

Initially tailored for institutional investors, the bond is accessible to retail investors through the secondary market, featuring a denomination of €1,000. The offering strengthens KION's borrowing maturity profile, ensuring a more stable financial future.