Latest News


Keyword Search

RegionB

Europe / Middle East / Africa

Lafarge obtains extension for 1.2 billion-euro credit facility

Mar, 21 2012


(France)  --  Lafarge SA (LG), the world’s biggest cement maker, has extended a 1.2 billion-euro ($1.6 billion) credit facility, according to a statement from the company.

The credit line, originally due to mature in July 2013, will now run to July 2015 after a deal supported by 24 lenders, the Paris-based company said.

The facility doesn’t include any default clauses linked to financial covenants, credit ratings or material adverse change, according to the statement.

Source:

Bookmark and Share
Comments
0 Comment(s)
Add Your Comments


Savannah Cement in Kenya eyes Rwanda market

Savannah Cement, a Kenyan cement producer, is to begin operations in Rwanda early next year. More

US Concrete adds three aggregate distribution sites in New York

US Concrete, in a concurrent, but separate transaction to its acquisition of New York Sand and Stone, has entered into an exclusive sales and marketing agreement with Inwood Materials Terminal. More

Advertise Here