Holcim prices A$500 million as corporate momentum builds

The 2012 bond deal launched last week by Holcim Finance Australia (Holcim) (BBB/Ba2/BBB) priced on August 4 with a significant upsize, to A$500 million (US$421.7 million) from a launch minimum of A$150 million, while the deal's margin tightened from an indicative 350 basis points over swap to 335 basis points over swap at pricing.