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CRH Public Limited Company (NYSE:CRH) announced Thursday the completion of a $2.5 billion US dollar-denominated notes offering through its wholly owned subsidiary, CRH America Finance, Inc. The transaction included $1 billion of 4.400% Guaranteed Notes due 2031, $1 billion of 5.000% Guaranteed Notes due 2036, and $500 million of 5.600% Guaranteed Notes due 2056.
According to a statement in the company’s SEC filing, the notes are fully and unconditionally guaranteed by CRH plc as to principal, interest, premium, and any other amounts payable. The offering was conducted under a registration statement filed with the US Securities and Exchange Commission and was completed pursuant to an underwriting agreement dated Monday with BofA Securities, Inc., HSBC Securities (USA) Inc., ING Financial Markets LLC, Santander US Capital Markets LLC, TD Securities (USA) LLC, and Wells Fargo Securities, LLC, acting as representatives of the underwriters.
The net proceeds from the offering are expected to be used for general corporate purposes. The notes were issued under an indenture dated May 21, 2024, between CRH plc, CRH America Finance, and The Bank of New York Mellon, as trustee.
This information is based on a statement in a press release filed with the SEC.
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