ZF Friedrichshafen has broken the €2 billion barrier once again with a promissory note. The unique aspect of the new record transaction is that the majority of the order book was represented on digital platforms. ZF Friedrichshafen has once again collected billions via the promissory note market. The automotive supplier has placed a total of 2.1 billion euros with investors. The total volume is divided into different tranches with terms of between three and ten years, ZF announced. All tranches were offered at fixed and variable interest rates. The average interest rates for the fixed tranches were between 1.1 percent and 1.8 percent, depending on the term…
You may find the detailed article here: DerTreasurer