Ceconomy AG, founded in 2017 and headquartered in Düsseldorf, Germany, operates as a leading retail company in the consumer electronics sector. The firm is primarily known for its discount retail chains, including MediaMarkt and Saturn, which offer a wide range of electronics and home appliances to consumers across Europe.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| CECGR 1.75% 2026-06-24 EURCeconomy AG. | Germany | 2026-06-24 | 1.750 | 3.26 |
| CECGR 6.25% 2029-07-15 EURCeconomy AG. | Germany | 2029-07-15 | 6.250 | 4.66 |
| CECGR 6.25% 2029-07-15 EURCeconomy AG. | Germany | 2029-07-15 | 6.250 | 4.66 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Ceconomy AG began issuing bonds in 2018, primarily to finance its growth strategies and optimize its capital structure. A notable issuance includes its €500 million bond in 2020, which was well-received by investors, showcasing a yield that was competitive against industry peers. As of 2023, Ceconomy's bonds are regarded as stable, with special features such as flexibility in covenants, attracting retail investors seeking reliable returns in the changing financial landscape.