HeidelbergCement issues Eurobond
Published by Rebecca Bowden,
HeidelbergCement has 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% p.a. 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.
Read the article online at: https://www.worldcement.com/europe-cis/29032017/heidelbergcement-issues-eurobond/
You might also like
Fortera joins Alliance for Low Carbon Cement and Concrete (ALCCC) in Europe
Cement decarbonisation pioneer Fortera has joined the Alliance for Low Carbon Cement and Concrete (ALCCC), alongside international NGO ECOS and ten other inaugural alliance members to make low-carbon cement the norm.