Cement News tagged under: Bond Issue
HeidelbergCement issues Eurobond04 December 2013, Published under Cement NewsHeidelbergCement yesterday priced a Eurobond issue under its EUR10bn EMTN programme with an issuance volume of EUR500m and a maturity date of 21 October 2021. The proceeds of the transaction will be used for general corporate purposes, the German cement major said in a statement. The eight year bond bears a fixed coupon of 3.25 per cent per annum. The issue price is at 99.337 per cent, resulting in a yield to maturity of 3.375 per cent. Joint lead managers of the transaction are Danske Ba... |
Lafarge places seven-year EUR500m bond03 July 2012, Published under Cement NewsLafarge placed today, under its Euro Medium-Term Note program, a EUR500m bond with a seven year maturity and fixed annual coupon of 5.875% to institutional investors. While Lafarge had no immediate refinancing needs, the company said: “proceeds of this bond issuance will reinforce the already strong liquidity position of the Group.” The settlement and issuance of the bond are expected to occur on 9 July 2012. |