The Otto Group pursues a conservative, long-term oriented financing strategy. We have long-standing and trustful relationships with a diversified group of German and international banks. Since 2009, we have been using the capital market as a further source of funding and have issued bonds with a total amount exceeding 2 billion euros since then.
The Otto Group has established a Debt Issuance Programme and a Commercial Paper Programme. These instruments provide us with the flexibility to seize opportunities in the capital markets when they arise.
Overview of the Bonds
Current bonds issued by Otto (GmbH & Co KG):
Public Bonds
| ISIN | Currency | Amount | Coupon | Maturity date |
Documentation |
| CH0511961390 | CHF | 85 mln | 1.500% | 9 Dec 2024 |
|
| XS1979274708 | EUR | 300 mln | 2.625% | 10 April 2026 | |
| XS1853998182 | EUR | 300 mln | 4.000% | Undated (First Call Date: 17 Jul 2025) | |
| XS1660709616 | EUR | 50 mln | Variable | 24 Aug 2026 | |
| XS1625975153 | EUR | 300 mln | 1.875% | 12 Jun 2024 | |
| XS1433512891 | EUR | 250 mln | 2.500% | 16 Jun 2023 | |
| XS1567447609 | EUR | 40 mln | 1.500% | 08 Mar 2022 | |
| XS1123401579 | EUR | 45 mln | Variable | 05 Nov 2021 | |
| XS0972058175 | EUR | 225 mln | 3.750% | 17 Sep 2020 |
* Key Information Document pursuant to EU Regulation 1286/2014 (in German language)
Private Placements
| ISIN | Currency | Amount | Coupon | Maturity date |
| XS2063541358 | EUR | 15 mln | 3.180% | 10 Oct 2034 |
| XS2111951690 | EUR | 40 mln | 3.000% | 30 Jan 2032 |
| XS2028841489 | EUR | 30 mln | 3.400% | 17 Jul 2031 |
| XS1031554360 | EUR | 50 mln | Variable | 18 Feb 2021 |
Commercial Paper
As of 29 February 2020 the total nominal amount of outstanding commercial paper of Otto (GmbH & Co KG) is 97.8 million euros.
Sustainable Finance
Capital Market Documentation
Debt Issuance Programme
Commercial Paper Programme
Frequently Asked Questions
Below you will find answers to some common questions regarding the Otto Group as a bond issuer.
How is the Otto Group’s financial year defined?
The Otto Group’s financial year starts on 1st March of each year and ends on the last day of February of the following year.
Does the Otto Group have a credit rating?
The Otto Group does not have a rating from a credit rating agency and does not envisage obtaining a rating in the foreseeable future.
Which dates are relevant to capital markets investors?
May 2020: Financial Press Conference & Release of the Otto Group’s Annual Report
Recommend
Annual Reports
Key Figures
Contact
In case of any questions regarding our bonds please contact: creditor-relations@ottogroup.com