Lafarge places a seven-year €500mn bond

Lafarge has placed, under its Euro Medium-Term Note Programme, a €500 million bond with a seven-year maturity and fixed annual coupon of 5.875% to institutional investors. While Lafarge had no immediate refinancing needs, the proceeds of this bond issuance will reinforce the already strong liquidity position of the Group.
July 10, 2012 Read time: 1 min

725 Lafarge has placed, under its Euro Medium-Term Note Programme, a €500 million bond with a seven-year maturity and fixed annual coupon of 5.875% to institutional investors.

While Lafarge had no immediate refinancing needs, the proceeds of this bond issuance will reinforce the already strong liquidity position of the Group.

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