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.
Current bonds issued by Otto (GmbH & Co KG):
|ISIN||Currency||Amount||Coupon||Maturity date|| |
|CH0511961390||CHF||54.33 mln*||1.500%||9 Dec 2024|| || |
|XS1979274708||EUR||221.3 mln*||2.625%||10 April 2026|| |
|XS1853998182||EUR||248.1 mln*||4.000%||Undated**|| |
|XS1660709616||EUR||50 mln||Variable||24 Aug 2026|| |
|XS1625975153||EUR||190.5 mln*||1.875%||12 Jun 2024|| |
|XS1567447609||EUR||35.6 mln*||1.500%||08 Mar 2022|| |
* Nominal amount reduced from original issuance amount through bond repurchases
** First Call Date: 17 Jul 2025
*** Key Information Document pursuant to EU Regulation 1286/2014 (in German language)
**** Early Redemption Notice
|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|
As of 28 February 2021 the total nominal amount of outstanding commercial paper of Otto (GmbH & Co KG) is 0 million euros.
Below you will find answers to some common questions regarding the Otto Group as a bond issuer.
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.
No, the Otto Group does not have a public rating from a credit rating agency and does not envisage obtaining such a rating in the foreseeable future.
May 2022 (exp.): Financial Press Conference & Release of the Otto Group’s Annual Report for financial year 2021/22