JP Morgan issues new synthetic Siemens EB

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JP Morgan issues new synthetic Siemens EB

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03 February 2021, Munich: Joe Kaeser (l-r), Siemens CEO, Roland Busch, Vice Chairman of the Managing Board, and Ralf P. Thomas, Chief Financial Officer, stand on stage before the start of the virtual shareholders' meeting. Photo: Matthias Schrader/POOL AP/dpa | Matthias Schrader/DPA/PA Images

US banking group JP Morgan has sold a new three-year €390m synthetic bond exchangeable into shares in Siemens, the German industrial conglomerate.

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