Creditor relations
The Otto Group is a privately owned family business and pursues a conservative and long-term oriented financing strategy. In doing so, we rely on two central financing pillars: banks and the capital market.
We maintain long-standing and trusting relationships with a diversified group of national and international banks. Since 2009, we have used the capital market as a further central source of financing. Since then, we have issued over EUR 2 billion in bonds and starting from 2022, we have also been relying on Schuldschein loans as a flexible and established capital market financing instrument.
With an EMTN program, access to the Schuldschein market and a Commercial Paper program, the Otto Group can flexibly take advantage of opportunities in the capital market to diversify its financing sources.
Overview of Otto Group bonds
Public bonds
| ISIN | Currency | Amount | Coupon | Maturity date | Documentation |
|---|---|---|---|---|---|
| XS1979274708 | EUR | 221.3 mln* | 2,625% | 10 April 2026 | |
| XS1660709616 | EUR | 50 mln | Variable | 24 Aug 2026 |
* Nominal amount reduced from original issuance amount through bond repurchases
** 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 |
Commercial paper
As of 28 February 2025 the total nominal amount of outstanding commercial paper of Otto GmbH & Co. KGaA is 0 million euros.
General information
- The Otto Group’s financial year runs from March 1 of each year to February 28 or 29 of the following year.
- The Otto Group's next Annual Press Conference and the publication of the Annual Report for the 2024/25 financial year are expected to take place in May 2025.
- The Otto Group does not have a public rating from a rating agency and is also not planning to obtain such a rating for the time being.
- Otto Group bonds can be bought and sold through banks.
Contact
If you have any questions about our bonds, please send an email to: crdtr-rltnsttgrpcm