13 December 2011

HeidelbergCement strengthens its financing structure

HeidelbergCement has successfully issued debt certificates in the amount of EUR 289 million, thereby further strengthening its financing structure. Due to high demand, it was possible to significantly increase the issue volume from an initial EUR 150 million to EUR 289 million.

The newly issued debt certificates, with a maturity date of 31 October 2016, consist of two tranches: one tranche with a floating rate and the other with a fixed coupon. The fixed rate tranche yields at 6.77% p.a. and the floating tranche at 4.90% p.a. over 6 months Euribor.

The proceeds will be utilised for general corporate purposes and to pre-fund the upcoming 2012 maturities. The new debt certificates enable HeidelbergCement to increase its liquidity headroom and term-out its maturity profile, thereby strengthening the financing structure of the company.

Issuance of the debt certificates was secured with the assistance of Bayerische Landesbank, Landesbank Hessen-Thüringen and Landesbank Baden-Württemberg.

About HeidelbergCement

HeidelbergCement is the global market leader in aggregates and a prominent player in the fields of cement, concrete and other downstream activities, making it one of the world’s largest manufacturers of building materials. The company employs some 55,000 people at 2,500 locations in more than 40 countries.

1,428 characters

Andreas Schaller

Group Spokesman, Director Group Communication & Investor Relations
+49 6221 481 13249
+49 6221 481 13217
HeidelbergCement AG
Berliner Straße 6
69120 Heidelberg