Lafarge places a 7 year 500 million euros bond

NYSE Euronext Paris: LG
07.02.2012
 

Lafarge placed today, under its Euro Medium-Term Note program, a 500 million euros bond with a 7 year maturity and fixed annual coupon of 5.875% to institutional investors.

While Lafarge had no immediate refinancing needs, the proceeds of this bond issuance will reinforce the already strong liquidity position of the Group.

The settlement and issuance of the bond are expected to occur on July 9, 2012.

 

 

NOTES TO EDITORS

Located in 64 countries with 68,000 employees, Lafarge is a world leader in building materials, with top-ranking positions in its Cement, Aggregates & Concrete businesses. In 2011, Lafarge posted sales of 15.3 billion euros.

For the second year in a row, Lafarge ranked amongst the top-10 of 500 companies evaluated by the "Carbon Disclosure Project" in recognition of their strategy and actions against global warming. With the world's leading building materials research facility, Lafarge places innovation at the heart of its priorities, working for sustainable construction and architectural creativity.

 

Documents

The press release (pdf, 59 KB)