KION GROUP AG Issues €500 Million Bond to Strengthen Financial Flexibility

KION GROUP AG has successfully placed a €500 million bond, attracting considerable attention from investors. Issued under the company's EMTN program, this bond enhances KION's financial resilience and flexibility. The bond matures in March 2031 with an annual coupon of 4.125%, and was primarily offered to institutional investors, yet is also accessible to retail investors on the secondary market.

The financing aims to refinance existing liabilities in KION's short-term rental and leasing operations, laying the groundwork for future growth. CFO Christian Harm expressed satisfaction with investor support, particularly amid challenging market conditions. The bond was priced at 99.487%, with a denomination of €1,000, and is listed on Luxembourg's Regulated Market.