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||Amount (EUR mln)||Coupon||Maturity date||
|XS1979274708||250||2.625%||10 April 2026|
|XS1853998182||300||4.000%||Undated (First Call Date: 17 Jul 2025)|
|XS1660709616||50||Variable||24 Aug 2026|
|XS1625975153||300||1.875%||12 Jun 2024|
|XS1433512891||250||2.500%||16 Jun 2023|
|XS1567447609||40||1.500%||08 Mar 2022|
|XS1123401579||45||Variable||05 Nov 2021|
|XS0972058175||225||3.750%||17 Sep 2020|
|XS0847087714||300||3.875%||01 Nov 2019|
* Key Information Document pursuant to EU Regulation 1286/2014 (in German language)
|ISIN||Amount (EUR mln)||Coupon||Maturity date|
|XS1031554360||50||Variable||18 Feb 2021|
|XS0978146271||20||3.376%||13 Dec 2019|
As of 28 February 2018 the total nominal amount of outstanding commercial paper of Otto (GmbH & Co KG) is 150 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.
The Otto Group does not have a rating from a credit rating agency and does not envisage obtaining a rating in the foreseeable future.
May 2019: Financial Press Conference & Release of the Otto Group’s Annual Report