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

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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