LafargeHolcim to issue $1bn notes

Mubasher: LafargeHolcim completed last Thursday transactions that will extend its debt maturity profile and optimize its debt currency mix, according to a statement.

The building materials producer successfully priced 10-year notes worth $400 million and 30-year notes valued at $600 million with a coupon of 3.50% and 4.750% respectively.

The notes are expected to be issued and settled on 22 September, the statement said, adding that the proceeds will be used for general corporate purposes.

Mubasher Contribution Time: 19-Sep-2016 09:33 (GMT)
Mubasher Last Update Time: 19-Sep-2016 09:34 (GMT)