Cologne – July 3, 2025: The cooperative REWE Group is the only German food retailer to consistently pursue its path on the capital market and issue the second corporate bond in the company’s history after 2023. Both the 3-year and 7-year maturity bands were heavily oversubscribed, which is reflected in very attractive pricing for REWE Group. A great success – especially in very volatile times with strong geopolitical tensions. A total of 130 investors from 21 countries invested in REWE Group.
With a view to the 2024 financial year, Lionel Souque, CEO of the REWE Group, had already announced in April that the business locations in Germany and Europe would be further strengthened. Around 16 billion euros are to be invested for this purpose between 2024 and 2028. In addition to the Group’s high internal financing power, the new corporate bond serves as an important financing component. In addition, as already announced in the 2024 combined financial statements, the existing bridge financing of €500 million was fully financed.
Support for the issue was provided to REWE Group by the two Global Coordinators BNP Paribas and ING as well as the three Active Bookrunners Caixa Banca, Intesa Sanpaolo and LBBW. Similar to the rating of REWE Group, S&P has also given this corporate bond an instrument rating of BBB.
Telerik Schischmanow, CFO of REWE Group, is very satisfied with the issue: The comeback on the capital market has once again confirmed how interesting REWE Group is for German and international investors, especially in volatile times. In addition to the strong economic development in recent years, our crisis-proof cooperative business model was particularly appreciated. Our innovative sales formats and product ranges as well as our consistently sustainable actions as a group were also once again recognized by our investors.
