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

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).

For more information on companies in this article