- Hamilton RentalsHamilton Rentals
Hamilton Rentals has over 45 years experience and a £25 million IT rental fleet made up of products from the leading manufacturers including HP, IBM and...
- ShowplaceShowplace
Showplace, established in 1987, is a leading European provider of hospitality, exhibition and event management services. Based in Stratford upon Avon,...
- The Source at MeadowhallThe Source at Meadowhall
The Source is a flagship Centre providing state of the art training, development and conferencing facilities for all sectors of the local community and...
HUB-4 publishes a brand new magazine for the Materials Handling, Recycling & Quarrying Industries.
Latest World News
Lafarge places a 350 million pound sterling bond and privately a 250 million euro bond
- 4th July 2009
- Materials Handling
Date 05/19/2009
Euronext Paris: LG
Today Lafarge placed two bonds in separate operations. Under its EMTN(1) program, the Group placed a £350 million bond with an 8-year maturity and fixed annual coupon of 8.75%. In addition, the Group privately placed a bond for a principal amount of €250 million with an 8-year maturity.
These transactions, completed at a competitive yield, contribute to the ongoing optimization of the maturity profile of the Group's debt. In combination with yesterday's announced 1 billion euro bond, the proceeds will further improve the liquidity of the Group and fully repay the tranche A2 Orascom facility, thus eliminating the related covenant.
The settlement and issue of the pound sterling bond is expected on May 29. Barclays, HSBC and RBS acted as joint-lead managers and bookrunners for this bond issue
Other news articles from Lafarge Aggregate (UK) Ltd (Bungay)
- Lafarge announces the divestment of its Cement, Concrete and Aggregates activities in Marmara & West Black Sea regions in Turkey for € 163 million
- Successful completion of Lafarge €1.5 billion rights issue
- Lafarge achieves record operating results in 2008
- Lafarge sponsors the Camp des Milles Memorial
"Living within infrastructure": A study by architect Marc Mimram, in partnership with Lafarge- Lafarge results as of June 30, 2008
- Lafarge at the heart of life in the city placing the environment at the core of its action
- Lafarge, the 1st CAC 40 company to receive French and European accessibility lables for its website
Lafarge acquires a 35% stake in the Meftah Cement Plant in Algeria, as part of the privatization process
LAFARGE ACQUIRES L&T CONCRETE TO BECOME THE LEADER
Lafarge signs binding agreement with CBMI, a Chinese Equipment Supplier, for the construction of Six Cement Plants
Lafarge to divest 50% stake in Lafarge Titan Joint Venture in Egypt- Lafarge acquires Orascom Cement, the leading cement group in the Middle East and Mediterranean Basin.
- Lafarge Signs Strategic Cooperation Agreement with Government of Yunnan Province, China, to boost its expansion in a fast growing market
- Accelerating innovation in concrete: Lafarge inaugurates a unique new research facility
- Lafarge announces intention to apply for delisting from New York Stock Exchange
- Lafarge and Paris Plages renew their partnership
- Lafarge accelerates its innovations in concrete and launches two new products on an international scale: Extensia™ and Chronolia™
- Bertrand Collom steps down as Chairman of Lafarge Bruno Lafont appointed Chairman and Chief Executive Officer of the Group
- Acquisition of Lafarge Roofing by PAI partners