OHB €900m private placement
German satellite maker OHB raised about €482m of new equity in an upsized €900m placement that also cut KKR's stake to about 20%.
- Company
- OHB
- Type
- Equity raise
- Status
- Completed
- Date
- 24 Jun 2026
- Value
- €900m
- US$ equivalent
- US$1.0bn
- Value basis
- €900m offer at €300 a share: about €482m of new shares for OHB plus existing shares sold by KKR's Orchid Lux
- Region
- Germany
- Segment
- Listed equity
Parties
- OHB issuer
- Orchid Lux HoldCo (KKR) selling shareholder
Key terms
- Price
- €300 per share
- New shares
- 1,605,388 (first tranche)
- Existing shares
- 1,394,612 from Orchid Lux HoldCo, including greenshoe
- Joint global coordinators
- Deutsche Bank, Goldman Sachs, J.P. Morgan, KKR Capital Markets, Rothschild & Co Redburn
Sources
- OHB: upsized private placement worth €900m successfully completed placera.se · 24 Jun 2026
- OHB: results of the subscription offer and completion of the capital increase live.deutsche-boerse.com · Jul 2026
Record ORB-INV-2026-0022. Investments are kept apart from the financings register and never counted in debt totals.