4 October 2007

HeidelbergCement issues new bond for private investors

Legal note:
This press release does not constitute either an offer to sell nor an invitation to buy HeidelbergCement securities. This press release and the information contained in it may not be forwarded to or distributed within the United States. Nothing in this Press Release constitutes an offer of securities for sale in the United States or any other jurisdiction where it is unlawful to do so. The securities of HeidelbergCement have not been, and will not be, registered under the U.S. Securities Act of 1933 or the Securities Laws of any state of the U.S. and the securities may not be offered or sold within the U.S. or to, or for the account or benefit of U.S. persons.

HeidelbergCement issues new bond for private investors

HeidelbergCement is planning to issue a euro bond this month via its subsidiary HeidelbergCement Finance B.V. The bond, which matures on 4 January 2018 and has a first coupon payment on 4 January 2009 (long first coupon), has a coupon of 5.625% and has the benefit of the unconditional, irrevocable guarantee given by HeidelbergCement AG. The offering price/issuing price is 94% plus any commissions and fees. The size of the non-benchmark issue is to be announced at a later date. The proceeds generated by the bond issue will be used to refinance existing debt.

Commerzbank Aktiengesellschaft, Landesbank Baden-Württemberg and Landesbank Hessen-Thüringen act as Joint-Bookrunners of the issue, which will be rated Baa3, BBB- and BBB- by Moody’s, Standard & Poor’s and Fitch respectively.

The subscription period planned for the 5.625% bond (German Security Code No. A0TKUU, ISIN DE000A0TKUU3) is from 4 October 2007 to not later than 16 October 2007. The denomination is €1,000 and the bond is to be listed on the Stuttgart stock exchange (over-the-counter market) and the Luxembourg stock exchange. The public offer is intended primarily for private investors in Germany, Luxembourg, Austria (from 5 October 2007) and the Netherlands. The first stock-exchange trading day will be 22 October 2007.

HeidelbergCement is the global market leader in aggregates and prominent in the field of cement, concrete and other downstream activities, making it one of the world’s largest manufacturers of building materials. It employs some 70,000 people at 2,800 locations in 50 countries.

2,384 characters

Andreas Schaller

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