HeidelbergCement issues a Eurobond
HeidelbergCement priced a Eurobond issue (ISIN XS1810653540) under its €10 billion EMTN programme with an issuance volume of €750 million and a maturity date of 24 April 2028. The proceeds of the transaction will be used for general corporate purposes and the refinancing of upcoming maturities.
The 10 year bond bears a fixed coupon of 1.750% p.a. The issue price is at 98.870%, resulting in a yield to maturity of 1.875%. Joint Bookrunners of the transaction are BayernLB, BNP Paribas, Danske Bank, Deutsche Bank (B&D), J.P. Morgan and Mediobanca.
HeidelbergCement is one of the world’s largest integrated manufacturers of building materials with leading market positions in aggregates, cement, and ready-mixed concrete. The company employs some 59,000 people at more than 3,000 locations in around 60 countries.
Heidelberg, 16 April 2018
The information contained herein serves information purposes and does not constitute a prospectus or any offer for sale or subscription of or solicitation or invitation of any offer to buy or subscribe for any securities of HeidelbergCement 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 Act"). The securities described herein will not be registered under the Securities Act.
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