HeidelbergCement issues a Eurobond with a volume of €650 million

Today, HeidelbergCement priced a Eurobond issue (ISIN XS2154336338) under its €10 billion EMTN programme with an issuance volume of €650 million and a maturity date of 9 October 2024. The proceeds of the transaction will be used for general corporate purposes and the refinancing of upcoming maturities.

The 4.5 year bond bears a fixed coupon of 2.500% p.a. The issue price is at 99.605%, resulting in a yield to maturity of 2.596%. “With the successful placing of the bond, HeidelbergCement has further strengthened its liquidity position and showed that the Company has a good access to the capital market even in difficult market situations,” said Chief Financial Officer Dr. Lorenz Näger.

Joint Bookrunners of the transaction are Banca IMI, BNP Paribas, BofA Securities, Credit Agricole CIB, Danske Bank, Deutsche Bank, ING and Standard Chartered Bank.

About HeidelbergCement

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 Group employs around 55,000 people at over 3,000 locations in more than 50 countries.

The information contained herein serves information purposes and does not constitute a prospectus or any offer for sale or subscription of or solicitation or invitation of any offer to buy or subscribe for any securities of HeidelbergCement AG.

This release does not constitute an offer to sell or a solicitation of an offer to buy securities in the United States of America. Securities may not be offered or sold in the United States of America absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended (the "Securities Act"). The securities described herein will not be registered under the Securities Act.

The information contained in this release may not be issued or distributed in or into the United States of America, Canada, Australia or Japan and does not constitute an offer to sell nor a solicitation of an offer to buy securities in the United States of America, Canada, Australia or Japan.