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 2 billion euros, Henkel of America up to 2 billion US dollars.
Commercial Papers
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.
Detailed information is provided in the documents below:
Abbreviation for “Kommanditgesellschaft auf Aktien.” A KGaA is a company with a legal identity (legal entity) in which at least one partner has unlimited liability with respect to the company’s creditors (personally liable partner, aka general partner), while the liability for such debts of the other partners participating in the sharebased capital stock is limited to their share capital (limited shareholders).
Financial Glossary Schließen
