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
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 Standard Chartered Bank.
