Infineon Technologies AG has raised €2 billion through a corporate bond issuance under its European Medium Term Notes (EMTN) program. The offering attracted strong investor interest and was significantly oversubscribed. It includes three tranches with varying maturities and will be used to refinance debt coming due in fiscal 2026, as well as bank loans taken on for the acquisition of Marvell’s Automotive Ethernet business. The funds will also support the planned purchase of ams OSRAM’s non-optical analog and mixed-signal sensor portfolio.
Dr. Sven Schneider, Infineon’s Chief Financial Officer, said the successful placement reflects investor confidence in the company’s profitable growth strategy. He added that the transaction aligns with Infineon’s conservative financial approach by extending its debt maturity profile and strengthening overall financial stability.
The bond issue comprises three fixed-rate tranches: €750 million with a five-year maturity at a 3.0% annual coupon, €750 million with an eight-year maturity at 3.5%, and €500 million with an eleven-year maturity at 3.75%. Each tranche was issued in €100,000 denominations and offered exclusively to qualified institutional investors. The bonds carry a BBB+ rating from S&P Global Ratings.
 program.){kind=link}