HeidelbergCement issues Eurobond worth €300mn

German buildings material producer HeidelbergCement has issued a Eurobond worth €300million, with a maturity date of 8 March 2016. The company says proceeds will be used for general corporate purposes. The four-year bond bears a fixed coupon of 4% per annum. The issue price is at 100%, resulting in a yield to maturity of 4%. Joint Lead Managers of the transaction are Morgan Stanley, BofA Merrill Lynch, Commerzbank, Danske Bank, Deutsche Bank, Nordea Markets, Raiffeisen Bank International, SEB and S

April 20, 2012

German buildings material producer 674HeidelbergCement has issued a Eurobond worth €300million, with a maturity date of 8 March 2016.

The company says proceeds will be used for general corporate purposes.

The four-year bond bears a fixed coupon of 4% per annum. The issue price is at 100%, resulting in a yield to maturity of 4%.

Joint Lead Managers of the transaction are 4323Morgan Stanley, 5082BofA Merrill Lynch, 4312Commerzbank, 5083Danske Bank, 4314Deutsche Bank, 4324Nordea Markets, 5086Raiffeisen Bank International, 4327SEB and 4328Standard Chartered Bank.