Infineon Successfully Issues €2 Billion in EMTN Bonds to Strengthen Financial Flexibility and Support Strategic Acquisitions

Infineon Technologies AG has successfully placed €2 billion in corporate bonds under its European Medium-Term Note (EMTN) program. The offering was multiple times oversubscribed and structured into three tranches with different maturities. The proceeds will be used to refinance debt maturing in fiscal year 2026, as well as to refinance euro-denominated bank loans related to the acquisition of Marvell’s Automotive Ethernet business. In addition, the funds will help finance the planned acquisition of ams OSRAM’s non-optical analog/mixed-signal sensor portfolio.

Dr. Sven Schneider, Infineon’s Chief Financial Officer, commented: “We are very pleased with the strong success of this transaction, which reflects the capital markets’ confidence in Infineon and our profitable growth trajectory. The issuance also underscores our disciplined financial strategy, as extending the maturity profile of our debt further strengthens our financial resilience.”

The bond issuance consists of three fixed-rate tranches: €750 million with a 5-year maturity at a 3.0% coupon, €750 million with an 8-year maturity at a 3.5% coupon, and €500 million with an 11-year maturity at a 3.75% coupon. The bonds were issued in denominations of €100,000 and offered exclusively to qualified institutional investors. S&P Global Ratings has assigned the bonds a BBB+ rating.