Vicat agrees Euro250m financial agreement

Print this page

France/US: Vicat Group has signed a Euro250m financing agreement taking the form of a private placement with US investors. The first tranche of the agreement covers Euro100m, with a maturity of 10 years, at a fixed rate of 1.27%. The second tranche is for Euro150m, with a maturity of 15 years, at a fixed rate of 1.57%. The group says it will use the funding to strengthen the liquidity of its balance sheet, extend the overall maturity of its debt and reduce its average debt ratio.

URL: https://globalcement.com/news/item/13324-vicat-agrees-euro250m-financial-agreement

© 2025 Pro Global Media Ltd. All rights reserved.