Shareholder Information continued
Bondholder information
For the first time in the Company's 148 year history, FIEINEKEN was assigned investment grade credit ratings in 2012 by the world's two leading credit
agencies, Moody's Investor Service and Standard Poor's. Both long term credit ratings, were solid Baal and BBB+, respectively and both have a 'stable'
outlook per the date of this Annual Report. The assignment of the credit ratings has allowed the Company to further diversify its funding base.
On 19 March 2012, HEINEKEN issued EUR1.35 billion of Notes under its EMTN Programme comprising EUR850 million of 7-year Notes with a coupon
of 2.5 per cent and EUR500 million of 12-year Notes with a coupon of 3.5 percent. On 3 April 2012, HEINEKEN issued USD750 million of 10-year 144A
RegS US Notes with a coupon of 3.4 percent On 2 August 2012, HEINEKEN issued EUR1.75 billion of Notes under its EMTN Programme, consisting of
8-year Notes for a principal amount of EUR1 billion with a coupon of 2.125 per cent and 13-year Notes for a principal amount of EUR750 million with
a coupon of 2.875 percent. On 3 October 2012, HEINEKEN successfully priced 144A/RegS US Notes for a principal amount of USD3.25 billion. This
comprised USD500 million of 3-year Notes at a coupon of 0.8 percent, USD1.25 billion of 5-year Notes at a coupon of 1.4 percent, USD1 billion of
10.5-year Notes at a coupon of 2.75 per cent and USD500 million of 30-year Notes at a coupon of 4.0 per cent. The proceeds of the Notes have been
used for various corporate purposes including the financing of the acquisition of Asia Pacific Breweries Limited and the repayment of debt facilities.
The issues have enabled HEINEKEN to further improve the currency and maturity profile of its long-term debt.
Traded Heineken
N.V. NotesIssue dateTotal face valueInterest rateMaturityISIN code
EUR Note 2013
November 4,2003
EUR 600 million
5.00%
XS0179266753
EUR EMTN 2014
April 6,2009
EUR 1 billion
7.125%
April 7,2014
XS0421464719
144 A/RegS 2015
October 10,2012
USD 500 million
0.800%
October 1,2015
US423012AC71
GBP EMTN 2015
March 10,2009
GBP 400 million
7.25%
March 10,2015
XS0416081296
EUR EMTN 2016
October 8,2009
EUR 400 million
4.625%
October 10,2016
XS0456567055
144 A/RegS 2017
October 10,2012
USD 1.25 billion
1.400%
October 1,2017
US423012AB98
EUR EMTN 2019
March 19,2012
EUR 850 million
2.500%
March 19,2019
XS0758419658
EUR EMTN 2020
August 2,2012
EUR 1 billion
2.125%
August 4,2020
XS0811554962
144 A/RegS 2022
April 3,2012
USD 750 million
3.400%
April 1,2022
US423012AA16
144 A/RegS 2023
October 10,2012
USD 1 billion
2.750%
April 1,2023
US423012AD54
EUR EMTN 2024
March 19,2012
EUR 500 million
3.500%
March 19,2024
XS0758420748
EUR EMTN 2025
August 2,2012
EUR 750 million
2.875%
August 4,2025
XS0811555183
144 A/RegS 2042
October 10,2012
USD 500 million
4.000%
US423012AA16
In September 2008, HEINEKEN established a Euro Medium Term Note (EMTN) Programme which was subsequently updated in September 2009,
September 2010, March 2012 (and March 2013). The programme allows Heineken N.V. from time to time to issue Notes up to EUR10 billion. Currently
approximately EUR5.0 billion of Notes is outstanding under the programme. The EMTN Programme and all Notes issued thereunder are listed on the
Luxembourg Stock Exchange.
HEINEKEN was awarded the Corporate Issuer of the Year
2012 Award by IFR Magazine for successfully issuing over
EUR6 billion of bonds in various markets on the back of the
credit ratings obtained earlier in the year.
158
Heineken N.V. Annual Report 2012
