The net proceeds of the bonds will be used for refinancing of existing indebtedness. The bonds are unsecured and rank equally with Lafarge’s other existing and future unsecured and unsubordinated debt.
Lafarge’s ratings continue to reflect its strong business profile, including its solid position in the international building materials industry, and notably its leading global position in both the high-margin cement sector and its complementary product portfolio. The group’s position is supported by its geographical diversification and established presence in mature markets, and its increased exposure to fast-growing emerging markets.
