Lafarge Places a EUR750m Bond

Lafarge Places a EUR750m Bond
Published: 16 June 2009

Lafarge placed, under its EMTN1 program, a EUR750 million bond with a seven-year and five-month maturity and fixed annual coupon of 7.625%.

With this transaction, the Group pursues its optimization of the maturity profile of the Group’s debt, refinancing shorter term bank facilities.

The settlement and issue of the bond is expected on June 24. BNP Paribas, Calyon, Citi, HSBC, Morgan Stanley and Société Générale acted as joint-lead managers and bookrunners for this bond issue.