Bechtle AG successfully places €450 million Schuldschein loan

• Strong demand from domestic and international investors
• Target volume increased significantly to €450 million
• Broad investor base of 84 participants
• Transaction supports international M&A flexibility

Neckarsulm, 1 July 2026 – Bechtle AG has placed its second Schuldschein loan, following its inaugural transaction in 2018. Strong investor demand enabled the company to raise the target volume from €250 million to €450 million, with the order book heavily oversubscribed and closing early. Final demand reached €864.5 million—around 3.5 times the original target. A total of 84 domestic and international investors participated in the transaction. The loan comprises six tranches with maturities of three, five and seven years, at both fixed and floating rates. The placement further optimises Bechtle’s debt maturity profile and strengthens its long-term funding base. Funds were disbursed on 30 June.

Strong investor interest underscores Bechtle AG’s appeal in the capital markets, as reflected in broad participation across all key investor groups—from savings and cooperative banks to development institutions and domestic and international commercial banks.

“The exceptional level of demand reflects the capital markets’ confidence in Bechtle’s performance, long-term strategy and reliability. The successful placement provides additional financial flexibility and strengthens our ability to advance our international growth and acquisition strategy,” says Christian Jehle, CFO, Bechtle AG.

The marketing phase ran from 12 May to 16 June 2026, with strong demand prompting the order book to close early on 21 May 2026 to ensure a balanced allocation among existing investors. The transaction was arranged by Commerzbank, DZ Bank and Landesbank Baden‑Württemberg (LBBW), which acted as technical lead.