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Holcim substantially expands its Australian business through the acquisition of Cemex Australia. Additionally, Holcim affirms its strategic partnership in China through the participation in the planned private placement of Huaxin Cement.
June 15, 2009
Annual General Meeting Holcim Ltd
May 07, 2009
| | The 685 shareholders attending the AGM voted in favor of all motions by a large majority. Among the approved proposals was the distribution of a share dividend. In their remarks, Chairman of the Board of Directors Rolf Soiron and CEO Markus Akermann both underlined that the Group is well prepared for the current crisis. A strong balance sheet, sufficient liquidity and systematic cost management ensure that Holcim after the crisis will be stronger than Holcim before the crisis. | |
Media Release on 1st quarter results 2009
May 06, 2009
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- Economic crisis deepened and spread to more countries
- Group regions Latin America and Asia Pacific posted organic growth; remarkable progress especially in India
- The severe and prolonged winter adversely affected Group results in Europe and North America
- Group-wide cost-cutting program and plant closures in all segments had a positive impact on Group results
- Strong balance sheet of the Group and solid liquidity; since the beginning of the year, CHF 2.5 billion have been refinanced
- Holcim continues to cut costs and rapidly adjusts capacities to prevailing market conditions
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Holcim successfully places a GBP 300 million bond
April 24, 2009
| | Holcim GB Finance Ltd. issued an 8-year GBP 300 million bond with a coupon of 8.75 percent guaranteed by Holcim Ltd. The proceeds will be used to refinance a GBP 200 million bond maturing in July 2009 and for general corporate purposes. | |
Holcim successfully increases its recent EUR bond by
EUR 150 million
April 08, 2009
| | Holcim Finance (Luxembourg) S.A. tapped its EUR 500 million bond issued on 26 March 2009 by raising additional EUR 150 million with a coupon of 9 percent and a yield of 8.293 percent (issue price of 102.773 percent). The total proceeds of EUR 650 million will be used to refinance existing debt and for general corporate purposes. | |
Holcim successfully places a EUR 500 million bond
March 27, 2009
| | Holcim Finance (Luxembourg) S.A. issued a 5-year EUR 500 million bond with a coupon of 9 percent guaranteed by Holcim Ltd. The proceeds will be used to refinance existing debt and for general corporate purposes. | |
Holcim initiates arbitration proceedings against Venezuela
March 23, 2009
| | Holcim Ltd has initiated international arbitration proceedings against the Republic of Venezuela before the International Centre for the Settlement of Investment Disputes (“ICSID”) in Washington D.C. The Group seeks full compensation for the expropriation of its subsidiary, Holcim Venezuela, by the Venezuelan Government. | |
Media Release Business Year 2008
March 04, 2009
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- In the fourth quarter of 2008, the contracting construction industry worsened rapidly in a number of markets
- Higher costs for energy and other inputs as well as unfavorable currency effects impacted the income statement negatively
- Swift capacity adjustments based on demand development; two additional plants mothballed in the US
- Decisive cutback of fixed costs at Group and Group company level
- Balance sheet remains strong with a high level of liquidity
- Payout ratio remains unchanged; dividend will be distributed in shares which are entitled to a dividend for the full year 2009
- Stimulus programs will support the construction industry and the sector will particularly benefit from an economic upswing
 Key figures Holcim Group | |
Holcim – syndicated loan facility received strong response
February 19, 2009
| | Holcim has entered into a syndicated loan facility agreement of CHF 400 million with a group of Swiss banks lead arranged by Zürcher Kantonalbank. The facility with a tenor of 3 years and one two-year extension option was very well received by the banks: The transaction was upsized from CHF 300 million to CHF 400 million. The proceeds will be used to refinance existing debt and to optimize the capital structure. | |
Holcim – successful bond placement raising CHF 208 million in Morocco
December 15, 2008
| | Holcim (Maroc) S.A. has issued a 7-year MAD 1.5 billion bond (CHF 208 million) in the Moroccan capital market with a 5.49 percent coupon p.a. The proceeds will be used to refinance existing debt and for general corporate purposes. | |
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