Lafarge Plans 2014 Euro Benchmark Bond Issue

Lafarge Plans 2014 Euro Benchmark Bond Issue
Published: 18 May 2009

Lafarge SA plans to issue a euro-denominated benchmark bond that is due to mature May 27, 2014, one of the lead managers said Monday.

BNP Paribas SA, Calyon, Citigroup PLC, HSBC Holdings PLC, Morgan Stanley and Societe Generale SA have been hired to manage the deal, which should be priced later Monday.

The issuer is rated Baa3 by Moody’s Investors Service and BBB- by Standard & Poor’s Corp.

Source: Dow Jones