German cement and building materials company HeidelbergCement, has set pricing on its minimum EUR300 million, seven-year, high yield bond at 9.75% to 10%, one of the banks running the deal said Wednesday.

BNP Paribas SA, Banca IMI, Citigroup Inc., Deutsche Bank AG, ING Bank NV, LBBW, Mediobanca, and RBSas are the lead managers on the deal.

The issuer is rated Ba2 by Moody's Investors Services Inc., and BB by Standard and Poor's Corp.

-By Sarka Halas, Dow Jones Newswires, +44 (0) 207 842 9236;

Sarka.Halasova@dowjones.com

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