Dominik Asam, CFO of Infineon Technologies AG
Infineon has raised €800 million in the bond market to pay off the debt incurred by acquiring IR.
One bond maturing in three years pays interest of 1% and raised €300 million.
The other maturing in seven years pays interest of 1.5% and raised €500 million.
Both bond offers were many time over-subscribed.
It was the first time that Infineon has tapped the Eurobond markets for cash.
“Infineon’s successful Eurobond debut reflects our broad access to financing sources and ensures a balanced maturity profile,” says Dominik Asam, Chief Financial Officer of Infineon Technologies AG.
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