HeidelbergCement looks to longer horizons
A leveraged acquisition financed in the boom-times pushed HeidelbergCement to the brink of disaster during the financial crisis. The return of liquidity — first in the high yield bond market, then in the syndicated loan market — helped it term out a worrying maturity profile this year. Ryan Bratcher spoke to group treasurer Henner Boettcher about the fallen angel’s tactics.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts