AI English summary of an SEC filing — figures as filed
CRH CRHThe company said its subsidiary CRH America Finance, Inc. completed the issuance and sale of $750,000,000 aggregate principal amount of 5.400% Guaranteed Notes due 2034 on May 21, 2024, fully and unconditionally guaranteed by CRH plc as to principal and other amounts payable.
Key points
AI summaryThe company said its subsidiary CRH America Finance, Inc. completed the issuance and sale of $750,000,000 aggregate principal amount of 5.400% Guaranteed Notes due 2034 on May 21, 2024, fully and unconditionally guaranteed by CRH plc as to principal and other amounts payable.
It said its subsidiary CRH SMW Finance Designated Activity Company completed the issuance and sale of $750,000,000 aggregate principal amount of 5.200% Guaranteed Notes due 2029 on the same day, and that CRH plc also fully and unconditionally guarantees these notes.
CRH said both series of notes were sold on May 14, 2024 to underwriters represented by HSBC Securities (USA) Inc., J.P. Morgan Securities LLC and others under an underwriting agreement, and were issued under an indenture with The Bank of New York Mellon as trustee.
The company said it expects to use the net proceeds of the two note offerings for general corporate purposes. It also said both notes were issued in a public offering registered under the Securities Act of 1933.
Summary
AI-writtenAnalysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Issuance of 5.400% Guaranteed Notes due 2034 by America Finance
The company said its subsidiary CRH America Finance, Inc. completed the issuance and sale of $750,000,000 aggregate principal amount of 5.400% Guaranteed Notes due 2034 on May 21, 2024, fully and unconditionally guaranteed by CRH plc as to principal and other amounts payable.
Source · Based on the filing body and exhibits
Issuance of 5.200% Guaranteed Notes due 2029 by SMW Finance DAC
It said its subsidiary CRH SMW Finance Designated Activity Company completed the issuance and sale of $750,000,000 aggregate principal amount of 5.200% Guaranteed Notes due 2029 on the same day, and that CRH plc also fully and unconditionally guarantees these notes.
Source · Based on the filing body and exhibits
Underwriters and Issuance Structure
CRH said both series of notes were sold on May 14, 2024 to underwriters represented by HSBC Securities (USA) Inc., J.P. Morgan Securities LLC and others under an underwriting agreement, and were issued under an indenture with The Bank of New York Mellon as trustee.
Source · Based on the filing body and exhibits
Use of Net Proceeds and Securities Registration
The company said it expects to use the net proceeds of the two note offerings for general corporate purposes. It also said both notes were issued in a public offering registered under the Securities Act of 1933.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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