Heineken N.V. successfully places €900 million of Notes

Rhea-AI Summary

On June 24, 2024, Heineken N.V. announced the successful placement of €900 million in 12-year Notes with a 3.812% coupon rate.

The Notes, part of Heineken's Euro Medium Term Note Programme, will be listed on the Luxembourg Stock Exchange. Proceeds will be used for general corporate purposes, including debt repayment.

The Notes will mature on July 4, 2036. BBVA, Citigroup, Goldman Sachs, J.P. Morgan, and Société Générale were the active book runners for this issuance.

Positive

• Successfully placed €900 million in Notes.
• Coupon rate of 3.812% is competitive.
• Proceeds will be used for debt repayment and general corporate purposes, indicating strategic financial management.
• Notes listed on the Luxembourg Stock Exchange, enhancing their visibility and tradability.

Negative

• None.

Amsterdam, 24 June 2024 - Heineken N.V. (EURONEXT: HEIA; OTCQX: HEINY) today announced that it has successfully placed €900 million of 12-year Notes with a coupon of 3.812%.

The Notes will be issued under the Company's Euro Medium Term Note Programme and will be listed on the Luxembourg Stock Exchange.

The proceeds from the Notes issuance will be used for general corporate purposes, including debt repayments. The maturity date of the Notes is 4 July 2036.

BBVA, Citigroup, Goldman Sachs, J.P. Morgan and Société Générale acted as active book runners.

- ENDS -

Press enquiries                                        
Joris Evers / Marlous den Bieman        
E-mail: pressoffice@heineken.com                         
Tel: +31-20-5239-355                                
                
Investor and analyst enquiries
Federico Castillo Martinez/ Mark Matthews
E-mail: investors@heineken.com
Tel: +31-20-5239-590

About HEINEKEN
HEINEKEN is the world's most international brewer. It is the leading developer and marketer of premium and
non-alcoholic beer and cider brands. Led by the Heineken® brand, the Group has a portfolio of more than 300 international, regional, local and specialty beers and ciders. With HEINEKEN’s over 90,000 employees, we brew the joy of true togetherness to inspire a better world. Our dream is to shape the future of beer and beyond to win the hearts of consumers. We are committed to innovation, long-term brand investment, disciplined sales execution and focused cost management. Through "Brew a Better World", sustainability is embedded in the business. HEINEKEN has a well-balanced geographic footprint with leadership positions in both developed and developing markets. We operate breweries, malteries, cider plants and other production facilities in more than 70 countries. Most recent information is available on our Company's website and follow us on LinkedIn, Twitter and Instagram.

Attachment

• 2024.04.24 HEINEKEN Notes Issue

FAQ

What did Heineken N.V. announce on June 24, 2024?

Heineken N.V. announced the successful placement of €900 million in 12-year Notes with a 3.812% coupon rate.

What is the coupon rate of Heineken's new Notes?

The coupon rate of Heineken's new Notes is 3.812%.

What will Heineken use the proceeds from the Notes issuance for?

Heineken will use the proceeds for general corporate purposes, including debt repayments.

When do Heineken's newly issued Notes mature?

Heineken's newly issued Notes will mature on July 4, 2036.

Which banks acted as book runners for Heineken's Notes placement?

BBVA, Citigroup, Goldman Sachs, J.P. Morgan, and Société Générale acted as active book runners.