Heidelberg Materials AG (fka Heidelbergcement AG) (HEIGR)

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Heidelberg Materials AG (fka Heidelbergcement AG) (HEIGR)

C/P	Industry	Status	Ticker(s)	Issuer(s)	Size(m)		Tranches	Region	Date
IGC	MTRL	PRCD	HEIGR	Heidelberg Materials AG (fka Heidelbergcement AG)	€500		1	EMEA	Sep 17, 2024

Tranche #1Heidelberg Materials AG (fka Heidelbergcement AG)

currency

EUR

size (m)

500.000

maturity

Oct 17, 2031

type

Fixed

tenor

7.000

call

registration

Reg S Only

benchmark

Swaps

ranking

Sr. Unsecured

moody's

Baa2

s&p

BBB

fitch

size description

re-open/tap

ipt

MS+150 a

ipt-pxd

guidance

MS+120 a

spread

118

coupon

3.375%

spread set

price

99.14600

yield

3.513%

book size (m)

1,300

peak book (m)

x-covered

2.6

book attrition

nic

billing & delivering

active leads

joint leads

,,,,

passive leads

co-managers

coordinating managers

book size (m)

1,300

peak book (m)

x-covered

2.6

book attrition

nic

billing & delivering

active leads

joint leads

,,,,

passive leads

co-managers

coordinating managers

Tranche Comments

7 yr: Book size: 1300; Registration: Reg S Only; Comments: EUR500m WNG 7yr snr unsec bmk green RegS. Baa2/BBB/NR. BNPP/Danske/DB(B&D)/Helaba/IMI/MS. IPTs MS+150 area, guidance MS+120 area (+/-2 WPIR), launch MS+118. Final books 1.3bn+ (peak 1.8bn+). Allocs out. HR 104% vs DBR 0% 08/15/31 (B+152.5 / Px 87.29). FTT 3:40pm. Tax Call: Yes. Par Call: 3m. CoC: 101%. LEI: LZ2C6E0W5W7LQMX5ZI37;

Deal Comments

Green Bond

Use of Proceeds

To finance a portfolio of Eligible Green Projects

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Heidelberg Materials AG (fka Heidelbergcement AG) (HEIGR)

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