Walldorf – November 6, 2012 - SAP AG (NYSE: SAP) today successfully placed a two-tranche Eurobond consisting of a €550 million three-year tranche and a €750 million seven-year tranche, issued under the recently established €2.4 billion Debt Issuance Programme. The three-year notes pay a coupon of 1.000% and were issued at a price of 99.791%, corresponding to a spread of 52 basis points over the Euro Mid-Swap rate. The seven-year notes pay a coupon of 2.125% and were issued at a price of 99.307%, corresponding to a spread of 92 basis points over the Euro Mid-Swap rate.
The notes will be listed for trading in the Regulated Market of the Luxembourg Stock Exchange. Denominations are € 1,000.
The transaction was well oversubscribed benefiting from strong international investor demand, with the majority being allocated to German and U,K. investors. SAP AG plans to use the proceeds for general corporate purposes, including the refinancing of acquisitions.
The active joint lead managers for the transaction were Deutsche Bank, Société Générale and UBS Investment Banking. Passive Bookrunner were Goldman Sachs, J.P. Morgan and The Royal Bank of Scotland.