9 November 2011
HeidelbergCement taps seven year bond
Today, HeidelbergCement carried out a EUR 200 million tap issue of its most recent seven year EUR 300 million Eurobond transaction from 5 October 2011 with a coupon of 9.5% (ISIN XS0686703736). The issue price of the tap is at 107.5% resulting in a yield to maturity of around 8.1%.
HeidelbergCement therefore increases its liquidity headroom and further optimises its maturity profile.
Bookrunners of the transaction are BNP Paribas, Banca IMI, Citigroup, Deutsche Bank, ING, LBBW, Mediobanca and RBS.
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 54,000 people at 2,500 locations in more than 40 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.