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Equity raise · Completed · 24 Jun 2026

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

  1. OHB: upsized private placement worth €900m successfully completed placera.se · 24 Jun 2026
  2. 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.

Randeep Bubbra
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