Porsche SE strengthens capital structure with new promissory note loan
The Porsche Automobil Holding S.E. (Porsche SE) has successfully placed a promissory note loan of 1.5 billion euros. This strategic measure aims to optimize the company’s capital structure and ensure its financial stability in the long term.
Attractive terms and high demand
The promissory note loan was issued with maturities of three, five, and seven years. The longer-term tranches with at least five years of maturity were particularly in demand, accounting for 1.3 billion euros of the total volume. The interest rates were set at the lower end of the marketing range, indicating favorable conditions for Porsche.
Success despite challenging conditions
Despite the current geopolitical and economic challenges, Porsche SE reported strong demand and a stable investor base. The target volume of the loan was exceeded, with significant banks such as BNP Paribas, Deutsche Bank, LBBW, and UniCredit participating in the placement.
A strategic response to financial challenges
The issuance of the promissory note loan occurs in the context of a billion-euro loss recorded in the first quarter of 2025. With this capital measure, Porsche SE aims to strengthen its financial base and promote long-term growth and innovation.
Overall, the promissory note loan of over 1.5 billion euros represents a significant step to enhance the financial resilience of Porsche SE and create investment opportunities in a challenging environment.