Commercial Paper
Commercial Paper Program
Commercial paper are securities that can be individually arranged for each investor. They are only traded via banks, but not listed on public stock markets. Since the minimum investment volume is 5 mill. euros, commercial paper are primarily purchased by institutional investors.
Both Henkel AG & Co. KGaA and Henkel of America have a Commercial Paper Program under which Henkel issues commercial paper. Henkel AG & Co. KGaA can issue up to 1 bn. euros commercial paper, Henkel of America up to 2 bn. USD.
Detailed information is provided in the documents below.
Commercial Paper Program of Henkel AG & Co. KGaA
| Framework Agreement, 12.01.01 |
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| Information Memorandum Dresdner K. Wasserstein |
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Commercial Paper Program of Henkel of America
| Information Memorandum Deutsche Bank, Sep. 2005 |
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| Information Memorandum Goldman Sachs, Sep. 2005 |
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| Information Memorandum Merrill Lynch, Sep. 2005 |
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To minimize our refinancing risk, in particular regarding the commercial paper, Henkel AG & Co. KGaA arranged syndicated back-up credit lines of 0.7 bn. € until 2015 and 0.8 bn. € until 2017.
|
Facility |
Multicurrency Revolving Credit Facility |
|
Date |
March 22, 2010 |
|
Maturity |
March 22, 2015 |
|
Tenor |
5 years |
|
Mandated Lead Arranger / Bookrunner |
Banco Santander, BNP Paribas, Citigroup, Commerzbank, Deutsche Bank, The Royal Bank of Scotland, UniCredit |
| Borrower | Henkel AG & Co. KGaA |
| Total # of banks | 17 |
| Volume | 700 m€ |
|
Facility |
Multicurrency Revolving Credit Facility |
|
Date |
March 28, 2012 |
|
Maturity |
March 28, 2018 |
|
Tenor |
6 years (+ one 1-year extension option) |
|
Mandated Lead Arranger / Bookrunner |
Banco Santander, Bank of America, BNP Paribas, Citigroup, Deutsche Bank, HSBC, JPMorgan Chase, The Royal Bank of Scotland, UniCredit |
| Borrower | Henkel AG & Co. KGaA |
| Total # of banks | 14 |
| Volume | 800 m€ |
