Lafarge extends credit facility

Lafarge has successfully extended its syndicated credit facility by two years from July 2013 to July 2015 for a total amount of €1.2 billion.
April 20, 2012 Read time: 1 min

725 Lafarge has successfully extended its syndicated credit facility by two years from July 2013 to July 2015 for a total amount of €1.2 billion.

The extended facility, supported by 24 lenders, complements Lafarge's bilateral lines of €2.2 billion and brings total committed credit facilities to €3.4 billion.

In total, these lines have an average maturity of 2.8 years and do not include any default clauses linked to financial covenants, credit ratings or Material Adverse Change (MAC).

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March 26, 2012

HeidelbergCement's €3bn credit extension

HeidelbergCement has secured an extension of its €3 billion syndicated credit facility, which was due to mature at the end of 2013, until 31 December, 2015. All 17 original lenders have confirmed their participation and two additional lenders joined the syndicate. The €3 billion multi-currency credit facility is intended as liquidity back-up and can be used for cash drawings and guarantees.

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