Holcim’s rating has been upgraded by Moody’s to Baa1 outlook stable on 1 June 2022. This follows Standard & Poor’s increase in Holcim’s rating to BBB+ outlook stable on 25 March 2022. In its announcement, Moody’s stated that its rating action “reflects Holcim’s solid operating performance in 2021 that continued in the first quarter 2022.”...
HeidelbergCement has concluded a new syndicated credit line – for the first time taking into account sustainability objectives in accordance with the Sustainability-Linked Loan Principles (SLLP) of the Loan Market Association. The credit line has a term of five years with two one-year extension options. This replaces the existing revolving credit line. The voluntary SLLP...