Schaeffler Group Schuldschein Loans
With Schuldschein Loans, Schaeffler Group has diversified its financing structure and has established another financing instrument to raise long-term debt from international investors.
Borrower
Schaeffler AG
Nominal amount
EUR 557 mn
thereof EUR 300 mn under the Green Finance Framework
thereof EUR 300 mn under the Green Finance Framework
Outstanding amount
EUR 243 mn
Tranches
(since May 13, 2024)
(since May 13, 2024)
EUR 167 mn Maturity 2025
EUR 76 mn Maturity 2028
EUR 76 mn Maturity 2028
Coupon frequency
Fixed interest tranches: annually
Variable interest tranches: semi-annually
Variable interest tranches: semi-annually
With effect of the merger of Vitesco Technologies Group AG into Schaeffler AG as per October 01, 2024, Schaeffler AG became the borrower of all outstanding Schuldschein loans of the former borrower Vitesco Technologies GmbH.
Borrower
Schaeffler AG
Nominal amount
EUR 200 mn
Outstanding amount
EUR 187 mn
Tranches (since September 17, 2024)
EUR 55 mn Maturity 2025
EUR 76 mn Maturity 2027
EUR 57 mn Maturity 2029
EUR 76 mn Maturity 2027
EUR 57 mn Maturity 2029
Coupon frequency
Fixed interest tranches: annually
Variable interest tranches: semi-annually
Variable interest tranches: semi-annually
For a detailed overview and description of further financing instruments of Schaeffler Group, reference is made to the quarterly financial statements.