Europe / Middle East / Africa
Buzzi Unicem to issue €350mn bond
Apr, 20 2012
(Italy) -- Italian construction materials group Buzzi Unicem has announced that it intends to issue a €350 million bond by the end of December 2012.
The seven-year, fixed-rate bond will be targeted at institutional investors, and the capital raised from the operation will be used to extend the average length of the company's debts, as well as to finance its day-to-day running costs.
Holcim, SHDA sign cement supply deal. More
Indian cement-makers want green status for power generated through waste-heat recovery. More