ZF Issues Bonded Loans of EUR 2.1 Billion
· Current issuing replaces a part of the bridge financing for the WABCO acquisition · Issuance with high demand among German financial institutions and major international banks · Second-largest bond-loan issuing in the history of ZFFriedrichshafen. ZF Friedrichshafen AG (ZF) has 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 commercial vehicle brake manufacturer WABCO. The total amount of the bonded loan is distributed across several tranches with maturity periods of between 3 and 10 years. ZF’s