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CRH

CRH announces successful $750m bond issue

THE AMERICAN ARM of building material firm CRH has announced a successful bond issue raising $750m (€574m). Just over half of the offering took the form of ten-year bonds which sold at 5.75%, while the remainder sold at 4.125% over five years. Maeve Carton, CRH finance director, said the firm was “delighted” with the response to the issue. Shares in CRH are up 33c to €13.73 this lunchtime.

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Author

Gavan Reilly

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