Creditor Relations

The current financing requirement is covered by the operational business activity to the greatest possible extent. The focus is therefore on internal financing. We mainly use financing sources and instruments to protect ourselves against sudden economic fluctuations and to ensure that we have the flexibility to carry out strategically valuable investments.

A syndicated loan with eleven core banks acts as the group’s liquidity reserve. German Private Placement Loans secure the group’s long-term financing. A Debt Issuance Program enables us to reach a wider group of investors, thereby increasing flexibility and independence. In the short term, financing is supplemented by factoring and ABS (asset backed security) programs. The South American group member MAHLE Metal Leve S.A. is listed on the Prime Standard Novo Mercado at the BM&F BOVESPA stock exchange in São Paulo. Thus one group member has access to equity markets.

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MAHLE does not have a public rating and does not intent to acquire one. Following our conservative group strategy, we prepare our financial statements in accordance with the German GAAP (Generally Accepted Accounting Principles).

In the section Downloads we are offering you our recent Investor Relations presentations as well as key figures for download Downloads

In order to open up to new investors, we concluded a Debt Issuance Program (DIP)—also known as a Euro Medium Term Note (EMTN)—in 2014 which was enlarged on April 30th.This is a flexible financing framework for the issue of public bonds and private placements in the European market. The program serves the long- and medium-term refinancing of the group.

IssuerMAHLE GmbH
Volume (max.)EUR 2,000M
Date of last updateApril 30, 2015
ArrangerHSBC Bank plc
TraderBB Securities Ltd.
BNP Paribas
CM-CIC Securities S.A.
Commerzbank AG
Deutsche Bank AG
HSBC Bank plc
Landesbank Baden-Württemberg
Mizuho International plc
SMBC Nikko Capital Markets Ltd.
Standard Chartered Bank
UniCredit Bank AG
Paying agentDeutsche Bank AG

Further information about the program is available on the Luxembourg Stock Exchange website: Debt Issuance Program

As part of our Debt Issuance Program, MAHLE GmbH has issued the following public bonds.

Security identification number A12TV1A161HE
ISIN code XS1068092839XS1233299459
Listing Euro MTF, LuxembourgEuro MTF, Luxembourg
Nominal value 300M500M
Currency EUREUR
Coupon2.50% p.a.2.375% p.a.
Re-offer Price 99.727% 99.682%
Denomination EUR 1,000EUR 1,000
Term 7 years7 years
Interest payment Annually, in arrearsAnnually, in arrears
Coupon due dateCommencing May 14th, 2015Commencing May 20th, 2016
Final MaturityMay 14th, 2021May 20th, 2022

Further information about the public bond is available on the Luxembourg Stock Exchange website:

Corporate Bond 2.5%-EUR-2014/2021

Corporate Bond 2.375%-EUR-2015/2022

Private placements

Besides the public bonds MAHLE GmbH has issued the following private placements within the Debt Issuance Program.

Nominal value29M
Term5 years