Porsche Is Taking Bids for €750 Million Schuldschein Debt Sale

Porsche Automobil Holding SE has begun the sale of a Schuldschein transaction of at least €750 million, the largest-ever marketed deal in this niche German debt market.

Order books for the three-part sale are set to close on June 25, according to people familiar with the matter. The transaction is split across three-year, five-year and seven-year tranches of fixed and floating rate coupons, they said.