Please accept our cookies to get the best experience of our website.
There are some features that may not work without cookies.
To find out more about the cookies we use, visit our cookie information page.

Commercial Paper

Commercial papers are securities that can be individually arranged for each investor. They are only traded via banks but are not listed on public stock markets. Commercial papers 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 commercial paper to the value of up to 1 billion euros, Henkel of America up to 2 billion US dollars.

Detailed information is provided in the documents below:

Back-up Facility

To minimize the refinancing risk, in particular regarding commercial paper, Henkel AG & Co. KGaA arranged syndicated back-up credit lines of 0.7 billion euros and 0.8 billion euros each through to 2018.

Credit line 2012Credit line 2013


March 28, 2012

December 10, 2013


March 28, 2018

December 10, 2018


6 years (+ one 1-year extension option)

5 years (+ two 1-year extension options)

Mandated Lead Arrangers / Bookrunners

Banco Santander, Bank of America,
BNP Paribas, Citigroup, Deutsche Bank,
HSBC, J.P. Morgan Chase Bank,
The Royal Bank of Scotland, UniCredit

Banco Santander, BNP Paribas,
Citigroup, Société Générale,
Deutsche Bank, The Royal Bank of Scotland,
UniCredit, J.P. Morgan Chase Bank


Henkel AG & Co. KGaA

Henkel AG & Co. KGaA

Total # of banks




800 million euros

700 million euros

Additional Information