Comment: €138 billion in debt – Telekom is doing the opposite of what would be necessary
One Dax group is reducing debt, while the other pays dividends and buys back shares. On the stock exchange and the bond market, it is clear which strategy is now bitterly punishing.
Fresenius had net financial debt of 24.7 billion euros at the start of 2023. The healthcare company issued a 500 million euro bond in 2023 with a 5.125 percent coupon. Fresenius' debt has since decreased to 10 billion euros. In contrast, companies like Eon and Deutsche Telekom with high debt levels have faced higher borrowing costs. Eon issued a 1 billion euro bond in 2024 with a 4.125 percent interest rate, while Deutsche Telekom issued a bond in 2025 with a 3.625 percent coupon.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
