Bondholder Information
O Q,
Heineken N.V. Annual Report 2018
Report of the Executive Board
Report of the Supervisory Board
Financial Statements
Sustainability Review
Other Information
In 2008, HEINEKEN established a Euro Medium Term Note (EMTN) Programme which was last updated
in March 2018. The programme allows Heineken N.V. to issue Notes for a total amount of up to €15 billion.
Approximately €9.8 billion is outstanding under the programme per 31 December 2018.
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 per the date of the 2018 Annual Report.
In 2018 the following notes were placed under HEINEKEN's Euro Medium Term Note Programme:
EUR 600 million 8.5-year Notes with a coupon of 1.25% (March 2027)
EUR 650 million 12.5-year Notes with a coupon of 1.75% (March 2031)
HEINEKEN has a €2.0 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 2018.
Traded Interest
Heineken N.V. Notes Issue date Total face value rate Maturity ISIN code
EUR EMTN 2019
19 March 2012
EUR 850 million
2.500%
19 March 2019
XS0758419658
EUR EMTN 2020
2 August 2012
EUR 1,000 million
2.125%
4 August 2020
XS0811554962
EUR EMTN 2021
4 April 2013
EUR 500 million
2.000%
6 April 2021
XS0911691003
EUR EMTN 2021
10 September 2015
EUR 500 million
1.250% 10 September 2021
XS1288852939
144A/RegS2022
3 April 2012
USD 750 million
3.400%
1 April 2022
US423012AA16
144A/RegS2023
10 October 2012
USD 1,000 million
2.750%
1 April 2023 US423012AD54
EUREMTN2023
23 October 2015
EUR 140 million
1.700%
23 October 2023
XS1310154536
EUREMTN2024
19 March 2012
EUR 500 million
3.500%
19 March 2024
XS0758420748
EUREMTN2024
7 December 2015
EUR 460 million
1.500%
7 December 2024
XS1330434389
EUREMTN2025
2 August 2012
EUR 750 million
2.875%
4 August 2025
XS0811555183
EUREMTN2025
20 October 2015
EUR 225 million
2.000%
20 October 2025
XS1309072020
EUREMTN2026
4 May 2016
EUR 800 million
1.000%
4 May 2026
XS1401174 633
EUREMTN2027
29 November 2016
EUR 500 million
1.375%
29 January 2027
XS1527192485
EUR EMTN 2027 17 September 2018 EUR 600 million 1.250% 17 March 2027 XS1877595444
Traded
Heineken N.V. Notes
Issue date
Total face value
Interest
rate
Maturity
ISIN code
144A/RegS2028
29 March 2017
USD 1,100 million
3.500%
29 January 2028
US423012AF03
EUR EMTN 2029
30 January 2014
EUR 200 million
3.500%
30 July 2029
XS1024136282
EUR EMTN 2029
3 October 2017
EUR 800 million
1.500%
3 October 2029
XS1691781865
EUR EMTN 2031
17 September 2018
EUR 650 million
1.750%
17 March 2031
XS1877595014
EUR EMTN 2032
12 May 2017
EUR 500 million
2.020%
12 May 2032
XS1611855237
EUR EMTN 2033
15 April 2013
EUR 180 million
3.250%
15 April 2033
XS0916345621
EUR EMTN 2033
19 April 2013
EUR 100 million
2.562%
19 April 2033
XS0920838371
144A/RegS2042
10 October 2012
USD 500 million
4.000%
1 October 2042
US423012AE38
144A/RegS2047
29 March 2017
USD 650 million
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
Total face value
Interest
rate
Maturity
ISIN code
SGD MTN 2020
3 March 2009
SGD 21.75 million
3.780%
3 March 2020
SG7V34954621
SGD MTN 2022
7 January 2010 SGD 16.25 million
4.000%
7 January 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.
