Lafarge placed today, under its EMTN(1) program, a €500 million bond with a 8 year maturity and fixed annual coupon of 5%.
This transaction ensures the refinancing of a bond maturing in July 2010 for the same amount.
The settlement and issue of the bond is expected on April 13. Banco Santander S.A., Barclays Capital, ING Bank N.V., Mitsubishi UFJ Securities International PLC et Natixis acted as joint-lead managers and bookrunners for this bond issue.
(1) Euro Medium-Term Note program
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 78,000 employees in 78 countries, Lafarge posted sales of Euros 15.8 billion in 2009.
In 2010 and for the sixth 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.