The nine-year bond bears a fixed coupon of 1.625% p.a. The issue price is at 99.626%, resulting in a yield to maturity of 1.67%. Joint Bookrunners of the transaction are Citi, Deutsche Bank, Helaba, RBI and SEB.
HeidelbergCement is one of the world’s largest integrated manufacturers of building materials with leading market positions in aggregates, cement, and ready-mixed concrete. The company employs some 60,000 people at more than 3,000 locations in around 60 countries.