MTU Aero Engines AG Announces Bond Conversion and Repurchase Results

On January 8, 2026, MTU Aero Engines AG disclosed the reference and conversion prices for its new convertible bonds and detailed the results of its repurchase of outstanding bonds due 2027. The Munich-based company successfully placed new senior unsecured convertible bonds, maturing in July 2033, with a principal amount of EUR 600 million. These bonds are convertible into new or existing shares, set at a reference price of EUR 392.0604 and an initial conversion price of EUR 578.2891, including a 47.5% conversion premium.

Additionally, MTU repurchased EUR 464.4 million of the outstanding bonds, representing 92.88% of the principal amount. The buyback price was set at 117.83404% per EUR 100,000 of principal, amounting to EUR 117,834.04 each. Settlement is planned for January 16, 2026. The transaction was managed by BNP PARIBAS, Deutsche Bank, and HSBC.