Italcementi Finance SA, the French company acting as Group’s treasury vehicle, has received the approval by the Banque de France for the issuance of  Commercial Paper  under a program for a maximum amount equal to EUR800m.

The program is unconditionally guaranteed by Italcementi SpA and rated  P-3 by Moody’s and A3 by Standard & Poor’s.



The Program is part of the ongoing funding centralisation and optimisation activities and will provide an additional source of short-term funding for the entire Italcementi Group and replace the long-running program  previously operated by the subsidiary Ciments Français.



Natixis will be the issuing and paying Agent of the Commercial Paper program, while Bred Banque Populaire, Crédit Agricole CIB, Crédit Industriel et Commercial, HSBC France, ING Belgium SA, Natixis and Société Générale will act as initial Dealers.
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