Lafarge buys back EUR80M Of Its Own Convertible Bonds

Lafarge buys back EUR80M Of Its Own Convertible Bonds
Published: 21 November 2005

Lafarge SA (LR) said it has bought back EUR80m in convertible bonds, or 6.15% of a total EUR1.3bn bond launched in June 2001.  The bonds mature on Jan. 1, 2006, Lafarge said in a statement. Lafarge said it bought the bonds back Sept. 22 as part of a debt-management strategy, and has canceled them.