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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.

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.

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), while the liability for such debts of the other partners participating in the share-based capital stock is limited to their share capital (limited shareholders). 

KGaA Schließen

Revolving facility

In order to manage refinancing risks in a sustainable manner, Henkel AG & Co. KGaA has agreed a 1.5 billion euros Revolving Credit Facility, for which interest conditions are linked to pre-defined sustainability criteria.

Revolving credit facility 

Date

December 14, 2018

Maturity

December 14, 20251

Tenor

7 years1

Banks

Banco Santander, Unicredit, Bank of America, BNP Parisbas, Citigroup, Deutsche Bank, HSBC, ING, J.P. Morgan, National Westminster Bank, Société Générale, Standard Chartered Bank, Bayerische Landesbank, Commerzbank, Goldman Sachs

Borrower

Henkel AG & Co. KGaA

Total # of banks

15

Volume

1,500 million euros

1 including a contractual optional extension of 2 years

Aggregate of all loan services available on call from one or several banks as cover for an immediate credit requirement. 

Credit facility Schließen