The revolving credit line was early refinanced due to favourable market conditions. HeidelbergCement was able to execute the new self-arranged facility with significantly improved terms and conditions. There was massive demand from the banking sector to enter the new facility but HeidelbergCement limited the participation exclusively to the lenders of the former credit facility. The new multi-currency credit facility is intended as liquidity back-up and can be used for cash drawdowns as well as for letters of credit and guarantees.
Mandated as bookrunners and mandated lead arrangers in the transaction are