Hella Group says it has successfully raised EUR500m (US$668m) in the capital market from a corporate bond issuance, with the order book five times oversubscribed, according to the company.

Hella had already issued a bond for EUR300m in 2009, which will be refinanced early with the new issuance. The transaction was managed by BNP Paribas, Deutsche Bank and RBS.

Go deeper with GlobalData

Go deeper with GlobalData

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

“With this new bond, we are taking advantage of the capital market environment for a long-term refinancing”, said Hella chief finance and controlling officer, Wolfgang Ollig.

“The successful issuance strengthens our financial structure and gives us additional scope for pushing ahead with our business.”

Just Auto Excellence Awards - Nominations Closed

Nominations are now closed for the Just Auto Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
Neonode has won the Innovation Award for Driver Monitoring Software for its camera-based, MultiSensing®-powered solution that delivers precise hands-on-wheel detection, regulatory-ready safety performance and low-footprint integration. Discover how Neonode is redefining driver monitoring, UX and compliance for next-generation semi-autonomous vehicles.

Discover the Impact