Otto Group raises over €300M in debt, beating its target
What's the deal? Germany's Otto GroupDealroom has a profile for this one. Try Dealroom → has raised more than €300 million through a Schuldscheindarlehen — a form of privately placed corporate debt with varying maturities. The Hamburg-based retail conglomerate said the volume came in well above its target.
Why now? This is Otto Group's third such placement, following earlier issues in 2022 and 2025. The company is leaning more heavily on Schuldschein transactions to fund itself.
What's the endgame? The fresh capital supports Otto Group's growth plans, including its e-commerce arm Otto.deDealroom has a profile for this one. Try Dealroom →, which aims to add more than €2 billion in sales by 2028.
The signal: At over €300 million, the raise ranks among the largest debt deals tracked in German fashion — in the top 10% of 186 comparable rounds. It shows established retailers are turning to Schuldschein placements, a flexible alternative to bank loans and bonds, to finance expansion in a tight market.
Read more: Lebensmittel Zeitung
Image: Otto Group Campus, Hamburg — Martin Kielmann, CC BY-SA 4.0 via Wikimedia Commons
