February 26: ZF Debt Relief as Hybrids Rise, Bond Costs Fall to 5.5%
Debt relief is front and center for ZF Friedrichshafen as hybrid demand rises and EV adoption cools. The supplier says this mix lowers its €13bn refinancing burden, with euro bond pricing near 5.5%, down from roughly 7% in 2025. Management also plans to buy back 2027 notes to smooth maturities. For US investors, steadier cash…

