Today Lafarge successfully placed a €1 billion bond with a 5-year maturity and fixed annual coupon of 7.625% under its EMTN program.
This operation has been completed rapidly at a competitive yield, reflecting the high demand and quality of the book.
Placement was made across a diversified investor base, mainly in France, Germany, the United Kingdom, Switzerland and Belgium. The settlement and issue of the bond are expected on May 27.
BNP Paribas, Calyon, Citi, HSBC, Morgan Stanley and Société Générale acted as joint-lead managers and bookrunners for this bond issue.
Notes to editors
Lafarge is the world leader in building materials, with top-ranking positions in all of its businesses: Cement, Aggregates & Concrete and Gypsum. With more than 84,000 employees in 79 countries, Lafarge posted sales of Euros 19 billion in 2008.
In 2009 and for the fifth year in a row, Lafarge was listed in the ‘Global 100 Most Sustainable Corporations in the World'. 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.
This press release and the information it contains do not constitute an offering of securities.