Heineken N.V. successfully places €1.1 billion of Notes

Rhea-AI Summary

Heineken (OTCQX: HEINY) placed €1.1 billion of Notes in two tranches on 16 February 2026: €550 million 8-year notes at a 3.375% coupon and €550 million 12-year notes at a 3.875% coupon.

The Notes will be issued under the Euro Medium Term Note Programme, listed on the Luxembourg Stock Exchange, mature on 26 February 2034 and 26 February 2038, and will fund general corporate purposes including debt repayments. BBVA, BNP Paribas, Deutsche Bank, J.P. Morgan and UBS acted as active book runners.

Positive

• Raised €1.1 billion of long-term financing
• Proceeds earmarked for general corporate purposes including debt repayment

Negative

• Adds fixed interest burden: 3.375% and 3.875% coupons
• Extends gross debt maturities to 2034 and 2038

Heineken N.V. successfully places €1.1 billion of Notes

Amsterdam, 16 February 2026 - Heineken N.V. (EURONEXT: HEIA; OTCQX: HEINY) announced that it has successfully placed €1.1 billion of Notes across two tranches today.

• • €550 million 8-year Notes with a coupon of 3.375%, and
  • €550 million 12-year Notes with a coupon of 3.875%.

The Notes will be issued under the Company's Euro Medium Term Note Programme and will be listed on the Luxembourg Stock Exchange.

The proceeds from the Notes issuance will be used for general corporate purposes, including debt repayments. The maturity dates of the Notes are 26 February 2034 and 26 February 2038 respectively.

BBVA, BNP Paribas, Deutsche Bank, J.P. Morgan and UBS acted as active book runners.

Enquiries

Media		Investors
Christiaan Prins		Tristan van Strien
Director of Global Communication		Global Director of Investor Relations
Marlie Paauw		Lennart Scholtus / Chris Steyn
Global Media Lead		Investor Relations Manager / Senior Analyst
E-mail: pressoffice@heineken.com		E-mail: investors@heineken.com
Tel: +31-20-5239355		Tel: +31-20-5239590

Regulatory information
This press release is issued in connection with the disclosure and reporting obligations as set out in Article 5(1)(b) Regulation (EU) 596/2014 and Article 2(2) of the Commission Delegated Regulation (EU) 2016/1052 that contains technical standards for buyback programs.

Editorial information:
HEINEKEN is the world's pioneering beer company. It is the leading developer and marketer of premium and non-alcoholic beer and cider brands. Led by the Heineken® brand, the Group has a portfolio of more than 340 international, regional, local and specialty beers and ciders. With HEINEKEN’s over 87,000 employees, we brew the joy of true togetherness to inspire a better world. Our dream is to shape the future of beer and beyond to win the hearts of consumers. We are committed to innovation, long-term brand investment, disciplined sales execution and focused cost management. Through "Brew a Better World", sustainability is embedded in the business. HEINEKEN has a well-balanced geographic footprint with leadership positions in both developed and developing markets. We operate breweries, malteries, cider plants and other production facilities in more than 70 countries. Most recent information is available on our Company's website and follow us on LinkedIn and Instagram. 

Attachment

• Heineken N.V. successfully issues €1.1 billion of Notes

FAQ

What notes did Heineken (HEINY) issue on 16 February 2026?

Heineken issued €1.1 billion of notes in two tranches on 16 February 2026. According to the company, each tranche was €550 million with 8-year (3.375%) and 12-year (3.875%) coupons, listed in Luxembourg and under its EMTN programme.

How will Heineken (HEINY) use proceeds from the €1.1bn note issue?

Proceeds will be used for general corporate purposes, including debt repayments. According to the company, the funds give flexibility to refinance existing obligations and support corporate liquidity and capital structure management.

What are the maturities and coupons of Heineken's new notes (HEINY)?

The notes mature on 26 February 2034 and 26 February 2038 with coupons of 3.375% and 3.875%. According to the company, both €550 million tranches were placed and will be listed on the Luxembourg Stock Exchange.

Which banks managed Heineken's €1.1bn note placement (HEINY)?

BBVA, BNP Paribas, Deutsche Bank, J.P. Morgan and UBS acted as active book runners. According to the company, these banks managed the placement under Heineken's Euro Medium Term Note Programme.

Will Heineken’s (HEINY) new notes affect shareholder dilution?

No, the issuance is debt and does not dilute equity holders. According to the company, the placement is under its EMTN programme and proceeds are for corporate purposes, not an equity issuance.

Where will Heineken (HEINY) list the €1.1bn notes and under what programme?

The notes will be listed on the Luxembourg Stock Exchange under Heineken's Euro Medium Term Note Programme. According to the company, the issuance follows regulatory disclosure obligations and market listing procedures.