Neue ZWL Zahnradwerk Leipzig issues €5.7 million bond

Neue ZWL Zahnradwerk Leipzig GmbH (NZWL) has issued a new corporate bond for the 2026/2031 period with a total volume of €5.7 million. The bond carries an annual interest rate of 9.875 percent and is expected to be included in the Frankfurt Stock Exchange's open market by October 29, 2026.

The automotive supplier is utilizing the proceeds primarily to refinance existing bonds and extend its maturity structure. Approximately 86 percent of the new issuance volume consists of exchanged debt from two older bonds, totaling €4.883 million.

Managing Director Hubertus Bartsch stated that the exchange optimizes the company's financing structure and increases planning security for upcoming years, providing financial flexibility to implement customer projects and advance product portfolios for various drive technologies.