Belgium: Etex raises €400mn
First publishedon www.AggBusiness.com
The Belgian-headquartered construction material producer Etex has raised €400 million through a new bond issue, the maximum amount it intended to raise.
The money will be used, either in part or in its entirety, to help pay a loan of €450 million, which was taken out for the purchase of the plasterboard division of the French group Lafarge.
Etex paid €850 million for Lafarge's plasterboard division.