FCC plans bond placement in early 2010

FCC plans bond placement in early 2010
Published: 03 December 2009

Spanish construction company Fomento de Construcciones y Contratas SA expects to carry out a bond placement in early 2010, the company’s Chairman Baldomero Falcones said at a press conference Thursday.

He didn’t detail what the amount of the placement will be.

FCC recently has issued EUR450 million in convertible bonds and increased the capital of its cement unit Cementos Portland Valderrivas SA by EUR200m.