Holcim successfully places a GBP 300 million bond

04.24.2009
 

Holcim GB Finance Ltd. issued an 8-year GBP 300 million bond with a coupon of 8.75 percent guaranteed by Holcim Ltd. The proceeds will be used to refinance a GBP 200 million bond maturing in July 2009 and for general corporate purposes.

Holcim GB Finance Ltd. issued an 8-year GBP 300 million bond with a coupon of 8.75 percent guaranteed by Holcim Ltd. The proceeds will be used to refinance a GBP 200 million bond maturing in July 2009 and for general corporate purposes.

The Holcim Group has refinanced around CHF 2.5 billion in 2009 and successfully maintained its liquidity above the target of CHF 5.3 billion (cash and unused committed credit lines).

Holcim Ltd is rated by international rating agencies as follows: Standard & Poor's (BBB, "outlook stable"), Moody's (Baa2, "outlook stable") and Fitch (BBB, "outlook negative").

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Holcim is one of the world's leading suppliers of cement and aggregates (crushed stone, gravel and sand) as well as further activities such as ready-mix concrete and asphalt including services. The Group holds majority and minority interests in more than 70 countries on all continents.
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Corporate Communications: Tel. +41 58 858 87 10
Investor Relations: Tel. +41 58 858 87 87
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