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Siemens will issue bond with warrant units with an intended volume of US
Dollar 3 billion. The final amount will be adjusted in accordance with market environment and demand. This specific debt instrument puts Siemens in a position to benefit from attractive market opportunities for US Dollar funding. The planned bond issue is to be seen in the context of a refinancing of EUR 2.2 billion in bonds that were redeemed in the first quarter of the current fiscal year and of US Dollar 1.3 billion in bonds that will mature in the second quarter of the current fiscal year. "With the issuance of these bonds we choose a liquidity-focused and cost-efficient approach to keep Siemens' financial flexibility," Siemens CFO Joe Kaeser stated. // NOT FOR DISTRIBUTION OR RELEASE IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA OR JAPAN, OR TO ANY US PERSON, OR IN ANY OTHER JURISDICTION IN WHICH OFFERS OR SALES WOULD BE PROHIBITED BY APPLICABLE LAW.
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