Heidelberg launches rights issues after debt refi
HeidelbergCement this week announced plans for a deeply dilutive rights issue as part of a restructuring effort that has already involved the renegotiation of Eu8.7bn of syndicated loans and bilateral facilities. The plans received a warm reaction from shareholders, who sent the stock up 12% on Tuesday.
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
- ✔ European securitization issuance database
- ✔ Daily newsletters across markets and asset classes
- ✔ 1 weekly securitization podcast
