CP-Programme

Multi-Currency Commercial Paper Programme

A Commercial Paper (CP) is a short term note. The banks place the tranches of the program to institutional and private investors. There is no obligation for the issuer to issue the tranches. The maturity of thyssenkrupp’s tranches is between 7 and 364 days. The interest cost for CPs is lower than for comparable day to day money or short term loans, because in contrary to the committed credit lines, the banks deal only on a best effort basis.

Issuer thyssenkrupp AG
Maximum Volume1,500,000,000 Euro
Implementation DateJuly 28, 2016
MaturityBetween 7 and 364 days
Dealer of the Day possibilityYes
Clearing agenciesClearstream Banking AG, FfM / Clearstream Banking SA, Luxembourg / Euroclear Bank SA/NV, Brussels
Fiscal AgentCommerzbank Aktiengesellschaft
Neue Börsenstrasse 1
D - 60487 Frankfurt am Main
Issuer thyssenkrupp AG
Maximum Volume1,500,000,000 Euro
Implementation DateJuly 28, 2016
MaturityBetween 7 and 364 days
Dealer of the Day possibilityYes
Clearing agenciesClearstream Banking AG, FfM / Clearstream Banking SA, Luxembourg / Euroclear Bank SA/NV, Brussels
Fiscal AgentCommerzbank Aktiengesellschaft
Neue Börsenstrasse 1
D - 60487 Frankfurt am Main