Leading in sustainable financing: Heidelberg Materials places 3rd Green Bond

Today, Heidelberg Materials successfully placed its third Green Bond (ISIN XS3270897575) as part of its Green Finance Framework. The issue volume amounts to €600 million with a term until 2036. Following the two first Green Bond placements in June and September 2024 with a total volume of €1.2 billion, Heidelberg Materials is taking the next step to align sustainable finance measures with operational investments.  

The proceeds from the Green Bonds support a wide range of projects, from plant modernisation - such as increasing the use of alternative fuels - to advancing carbon capture technologies. These bonds further strengthen Heidelberg Materials’ sustainable financing framework.

The transaction generated strong investor demand, with the order book peaking close to €3 billion as Heidelberg Materials attracted significant attention in a busy market. The bond was finally issued 2.8x oversubscribed, demonstrating the capital market’s confidence in the Group’s consistent profitable growth pattern, its constant focus on operational improvement and its successful sustainability strategy. The 10.5-year Eurobond has a fixed interest rate of 3.75% per year. Joint bookrunners for the issue are BNP Paribas (B&D), Danske Bank, Deutsche Bank, Helaba, IMI-Intesa Sanpaolo and Morgan Stanley.

Heidelberg Materials’ Green Finance Framework and Second Party Opinion are available online at Sustainable Finance.

• About Heidelberg Materials
• Heidelberg Materials is one of the world's largest integrated manufacturers of building materials and solutions with leading market positions in cement, aggregates, and ready-mixed concrete. We are represented in around 50 countries with around 51,000 employees at almost 3,000 locations. At the centre of our actions lies the responsibility for the environment. As the front runner on the path to carbon neutrality and circular economy in the building materials industry, we are working on sustainable building materials and solutions for the future. We enable new opportunities for our customers through digitalisation.

This release does not constitute an offer to sell or a solicitation of an offer to buy securities of Heidelberg Materials AG.

This release does not constitute an offer to sell or a solicitation of an offer to buy securities in the United States of America. Securities may not be offered or sold in the United States of America absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. The securities described herein will not be registered under the Securities Act.

The information contained in this release may not be issued or distributed in or into the United States of America, Canada, Australia or Japan and does not constitute an offer to sell nor a solicitation of an offer to buy securities in the United States of America, Canada, Australia or Japan.