HeidelbergCement issues a Eurobond at historically favourable conditions

On 19 June 2019, HeidelbergCement priced a Eurobond issue (ISIN XS2018637327) under its €10 billion EMTN programme with an issuance volume of €750 million and a maturity date of 1 December 2027. The proceeds of the transaction will be used for general corporate purposes and the refinancing of upcoming maturities.

The 8.5 year bond bears a fixed coupon of 1.125% p.a. The issue price is at 99.127%, resulting in a yield to maturity of 1.235%. “We have used the historically favourable interest rate environment and secured with this issue the lowest long-term financing costs in the history of HeidelbergCement,” said Chief Financial Officer Dr. Lorenz Näger. “The bond was 7.5 times oversubscribed which shows impressively the confidence of the capital market in our company and our solid financial policy.”

Joint Bookrunners of the transaction are Bank of America Merrill Lynch, Crédit Agricole CIB, Deutsche Bank (B&D), ING, LBBW, RBI, SEB and Standard Chartered Bank.

About HeidelbergCement

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 58,000 people at more than 3,000 locations in around 60 countries.

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.

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.

Christoph Beumelburg

Christoph Beumelburg

Group Spokesman, Director Group Communication & Investor Relations

Heidelberg Materials AG Berliner Straße 6
69120 Heidelberg