166
Bondholder Information
Report of the
Report of the
Financial
Sustainability
1 Other 1
Introduction
Executive Board
Supervisory Board
Statements
Review
1 Information 1
Heineken N.V. Annual Report 2017
In 2008, HEINEKEN established a Euro Medium Term Note (EMTN) Programme which was last updated in March 2017. The programme allows
Heineken N.V. to issue Notes for a total amount of up to €15 billion. Currently approximately €8.7 billion is outstanding underthe programme.
Heineken N.V. was assigned solid investment grade credit ratings by Moody's Investors Service and Standard Poor's in 2012. The ratings from both
agencies, Baa1/P-2 and BBB+/A-2 respectively, have'stable'outlooks as perthedateofthe 2017 Annual Report.
In 2017 the following notes were placed under HEINEKEN's Euro Medium Term Note Programme:
SGD 150 million 5-year Notes with a floating rate coupon (February 2017)
EUR 500 million 15-year Notes with a coupon of 2.02% (May 2017)
EUR 800 million 12-year Notes with a coupon of 1.50% (October 2017)
On 29 March 2017, HEINEKEN placed USD 1.1 billion of long 10-year 144A/RegS US Notes with a coupon of 3.50%, and USD 650 million of 30-year
144A/RegS US Notes with acoupon of 4.35%.
In 2015, HEINEKEN has launched a €1.0 billion Euro Commercial Paper (ECP) programme to facilitate its cash management operations and to further
diversify its funding sources. There was no ECP in issue per 31 December 2017.
Traded
Heineken N.V. Notes
Issue date
Total face value
Interest rate
Maturity
ISIN code
EUR EMTN 2018
18 April 2013
EUR 100 mi
ion
1.250%
18 April 2018
XS0918766550
EUR EMTN 2019
19 March 2012
EUR 850 mi
ion
2.500%
19 March 2019
XS0758419658
EUR EMTN 2020
2 August 2012
EUR 1,000 mi
ion
2.125%
4 August 2020
XS0811554962
EUR EMTN 2021
4 April 2013
EUR 500 mi
ion
2.000%
6 Apri 2021
XS0911691003
EUR EMTN 2021
10 September 2015
EUR 500 mi
ion
1.250%
10 September 2021
XS1288852939
144A/RegS 2022
3 April 2012
USD 750 mi
ion
3.400%
1 Apri l 2022
US423012AA16
144A/RegS 2023
10 October 2012
USD 1,000 mi
ion
2.750%
1 Apri l 2023
US423012AD54
EUR EMTN 2023
23 October 2015
EUR 140 mi
ion
1.700%
23 October 2023
XS1310154536
EUR EMTN 2024
19 March 2012
EUR 500 mi
ion
3.500%
19 March 2024
XS0758420748
EUR EMTN 2024
7 December 2015
EUR 460 mi
ion
1.500%
7 December 2024
XS1330434389
EUR EMTN 2025
2 August 2012
EUR 750 mi
ion
2.875%
4 August 2025
XS0811555183
EUR EMTN 2025
20 October 2015
EUR 225 mi
ion
2.000%
20 October 2025
XS1309072020
EUR EMTN 2026
4 May 2016
EUR 800 mi
ion
1.000%
4 May 2026
XS1401174 633
EUR EMTN 2027
29 November 2016
EUR 500 mi
ion
1.375%
29 January 2027
XS1527192485
144A/RegS 2028
29 March 2017
USD 1,100 mi
ion
3.500%
29 January 2028
US423012AF03
EUR EMTN 2029
30 January 2014
EUR 200 mi
ion
3.500%
30 July 2029
XS1024136282
EUR EMTN 2029
3 October 2017
EUR 800 mi
ion
1.500%
3 October 2029
XS1691781865
EUR EMTN 2032
12 May 2017
EUR 500 mi
ion
2.020%
12 May 2032
XS1611855237
EUR EMTN 2033
15 April 2013
EUR 180 mi
ion
3.250%
15 April 2033
XS0916345621
EUR EMTN 2033
19 April 2013
EUR 100 mi
ion
2.562%
19 April 2033
XS0920838371
144A/RegS 2042
10 October 2012
USD 500 mi
ion
4.000%
1 October 2042
US423012AE38
144A/RegS 2047
29 March 2017
USD 650 mi
ion
4.350%
29 March 2047
US423012AG85
The EMTN programme and the above Heineken N.V. Notes issued thereunder are listed on the Luxembourg Stock Exchange.
Traded Heineken Asia
Pacific Pte. Ltd.* Notes
Issue date
Tota face va ue
Interest rate
Maturity
ISIN code
SGD MTN 2020
March 3,2009
SGD 21.75 mi l l ion
3.780%
March 3, 2020
SG7V34954621
SGD MTN 2022
January 7, 2010
SGD 16.25 mil l ion
4.000%
January 7, 2022
SG7U93952517
The above Heineken Asia Pacific Pte. Ltd.* Notes are listed on the Singapore Exchange.
After a name change Heineken Asia Pacific Pte. Ltd is currently registered as Heineken Asia MTN Pte. Ltd.
