HeidelbergCement priced a Eurobond issue under its €10 billion EMTN programme with an issuance volume of €1 billion and a maturity date of 7 April 2026.
The proceeds of the transaction will be used for general corporate purposes and the refinancing of upcoming maturities. The 9 year bond bears a fixed coupon of 1.625% pa.
The issue price is at 99.626%, resulting in a yield to maturity of 1.670%. Joint Bookrunners of the transaction are Citi, Deutsche Bank, Helaba, RBI and SEB.
