Lafarge placed today, under its Euro Medium-Term Note program, a one billion euros bond with an 8 year maturity and fixed annual coupon of 5.375% to institutional investors.
The proceeds of this transaction will be used to refinance part of the Group's existing debt.
The settlement and issuance of the bond are expected to occur on November 29, 2010.
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 78,000 employees in 78 countries, Lafarge posted sales of Euros 15.9 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.