Holcim plans new bond to refinance debt

Holcim plans new bond to refinance debt
Published: 01 June 2005

Swiss cement group Holcim is planning to issue a new bond worth more than SwFr 300m ($242.9m) to refinance 500 million francs in debt maturing in June, the group said on Tuesday.  According to dealers, UBS, CSFB and Zuercher Kantonalbank are lead managers for the issue of the seven-year bond.