Commercial Paper Programme

Multi-Currency Commercial Paper Programme

A Commercial Paper (CP) is a short-term note. The banks place the tranches of the programme to institutional and private investors. There is no obligation for the issuer to issue the tranches. The maturity of HeidelbergCement AG tranches is between 7 and 364 days. The interest cost for CPs is lower than for comparable day to day money or short term loans, because in contrary to the committed credit lines, the banks deal only on a best effort basis.

Issuer

HeidelbergCement AG

Maximum volume

€2,000,000,000                              

Implementation date

April 15, 2019

Maturity                                   

Between 7 and 364 days

Arranger

Landesbank Baden-Württemberg
Am Hauptbahnhof 2
70173 Stuttgart
Germany 

Issue and Paying Agent

Deutsche Bank Aktiengesellschaft
Trust & Securities Services
Commercial Paper
Taunusanlage 12
60325 Frankfurt am Main
Germany

Clearing agency

Clearstream Banking AG, Frankfurt am Main;
Clearstream Banking S.A., Luxembourg;
Euroclear Bank S.A./N.V., Brussels