Bondholder Q&A

Find the answers to some key questions regarding our credit situation on our Q&A page.

What is the ultimate parent company of the Â鶹´«Ã½ Group?

Â鶹´«Ã½ Ltd (formerly LafargeÂ鶹´«Ã½ Ltd) is the ultimate parent company of the Â鶹´«Ã½ Group. Â鶹´«Ã½ Ltd is domiciled in Switzerland and is a company limited by shares (Aktiengesellschaft) incorporated in Switzerland under Swiss law. Â鶹´«Ã½ Ltd’s shares are listed on the SIX Swiss Exchange.

What are the most important debt issuing entities within the Â鶹´«Ã½ Group?

The Â鶹´«Ã½ Group has a number of debt issuing entities, of which the main entities are:

  • Â鶹´«Ã½ Helvetia Finance Ltd
  • Â鶹´«Ã½ Ltd
  • Â鶹´«Ã½ Finance (Luxembourg) S.A.
  • Â鶹´«Ã½ US Finance (Luxembourg) S.A.
  • Â鶹´«Ã½ Sterling finance (Netherlands) B.V.

The purpose of these entities is to act as finance companies on behalf of the Â鶹´«Ã½ Group.

Where are the Â鶹´«Ã½ Group’s debt instruments listed?

Â鶹´«Ã½ Group’s debt instruments are mainly listed on the Swiss (SIX) and Luxembourg (LuxSE) stock exchanges. Some debt instruments are not listed on any stock exchange and are traded over-the-counter.

What is the Â鶹´«Ã½ Group’s rating target?

The Â鶹´«Ã½ Group commits to a strong investment grade rating.

Do the Â鶹´«Ã½ Group's debt instruments have change of control covenants?

Yes, some of the Â鶹´«Ã½ Group's debt instruments have change of control covenants. Please refer to the terms and conditions of the respective debt instruments for more information in this respect.