14 October 2009

HeidelbergCement successfully issues Eurobonds

Today, HeidelbergCement issued three tranches of Eurobonds with a total issuance volume of EUR 2.5 billion. The bonds were placed with institutional investors mainly throughout Europe, comprising a EUR 1 billion 5 year, a EUR 1 billion 7 year as well as a EUR 500 million 10 year transaction. The proceeds of the combined transaction will be exclusively used to partly repay the syndicated loan, resulting in a significant reduction of the company’s bank debt. The Eurobonds received strong investor interest and were several times oversubscribed.

„The successful placement of the bonds furthermore underlines the confidence of the capital markets in HeidelbergCement’s strategy and strongly supports the improvement of the liability profile of the company,“ says CEO Dr. Bernd Scheifele.

The 5 year bond bears a fixed coupon of 7.5% p.a., whereas the 7 and 10 year tranches have coupons of 8% and 8.5%, respectively. The issue prices for the tranches are 98.465%, 97.349% and 96.739%, resulting in respective yield to maturities of 7.875%, 8.5% and 9% for the 5, 7 and 10 year tranches. Bookrunners of the transaction have been Deutsche Bank, Royal Bank of Scotland, Bank of America / Merrill Lynch and Commerzbank. The notes are issued as bearer bonds in a denomination of EUR 1,000. Interest is paid on a semi-annual basis.

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 57,000 people at 2,600 locations in around 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.

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Andreas Schaller

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