ZF issues bonded loans of EUR 2.1 Billion for WABCO acquisition  [ Germany ]

ZF Friedrichshafen AG (ZF) issued a bonded loan of EUR 2.1 billion. With the funds, ZF replaces a part of the bridge financing for the planned acquisition of WABCO. ZF’s initial targeted amount for the bonded loan offering was EUR 500 million. Due to a substantial oversubscription - even in a challenging market environment - ZF decided to significantly increase the amount and hereby issue...
<Oct 01, 2019>