Successful Bond Placement

摘要

Holcim (Maroc) S.A. has announced in December 2008 that it has issued a 7-year 1.5 billion MAD bond (208 million CHF) in the Moroccan capital market with a 5.49% coupon p. a The proceeds will be used to refinance existing debt and for general corporate purposes. This transaction reflects the financing policy of the Holcim Group to secure liquidity and lengthen the average debt maturity. This and other financings since October 2008 of the total amount of more than 500 million CHF will again allow Holcim to substantially exceed its liquidity target of 5.3 billion CHF (cash and unused committed credit lines) by year-end 2008.