Ten banks set for Holcim equity bridge
Holcim expects to sign about 10 lenders into a Sfr2bn (Eu1.3bn) equity bridge loan next week, said bankers close to the deal. The Swiss building materials group secured the facility shortly before announcing its A$2.02bn (Eu1.2bn) takeover of Cemex’s Australian operations, a transaction that will be funded with a rights issue.
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