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HeidelbergCement completes sale of assets in the US to Cementos Argos
HeidelbergCement issues a Eurobond with a volume of €1 billion
Moody’s assigns Investment Grade Rating to HeidelbergCement
1 December 2016

HeidelbergCement completes sale of assets in the US to Cementos Argos

On 30 November, HeidelbergCement has completed the sale of its Martinsburg, West Virginia cement plant and eight related terminals to an affiliate of Cementos Argos. Previously, the Federal Trade Commission (FTC) had approved the agreement.
28 November 2016

HeidelbergCement issues a Eurobond with a volume of €1 billion

Today, HeidelbergCement priced a Eurobond issue (ISIN XS1529515584) under its €10 billion EMTN programme with an issuance volume of €1 billion and a maturity date of 7 February 2025. Demand was very high; the bond was oversubscribed several times.
10 November 2016

Moody’s assigns Investment Grade Rating to HeidelbergCement

Today, the rating agency Moody’s has assigned a Baa3 company rating to HeidelbergCement. The classification in the Investment Grade is associated in particular with the strong business profile after the Italcementi acquisition and an improved creditworthyness. Moody’s is the second rating agency to assign an Investment Grade rating to HeidelbergCement after S&P Global Ratings.

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