Deutsche Post to Ease Pension Load With 2 Billion-Euro Bond

Deutsche Post to Ease Pension Load With 2 Billion-Euro Bond

Guenter Schiffmann/Bloomberg

Deutsche Post will sell a 1 billion-euro bond convertible to stock and two conventional bonds totaling 1 billion euros to almost double the funds available for German employees’ retirement payments, the Bonn-based company said today in a statement.