Obligation Holcim 2.375% ( XS2156244043 ) en EUR

Holcim

99.18 % ▼

Suisse

XS2156244043 ( en EUR )

2.375% par an ( paiement annuel )

09/04/2025

Prospectus brochure de l'obligation Holcim XS2156244043 en EUR 2.375%, échéance 09/04/2025

100 000 EUR

500 000 000 EUR

09/04/2025 ( Dans 326 jours )

L'Obligation émise par Holcim ( Suisse ) , en EUR, avec le code ISIN XS2156244043, paye un coupon de 2.375% par an.
Le paiement des coupons est annuel et la maturité de l'Obligation est le 09/04/2025

Final Terms
MiFID II product governance / Professional investors and ECPs only target market: Solely for the purposes of
each manufacturer's product approval process, the target market assessment in respect of the Notes has led to the
conclusion that: (i) the target market for the Notes is eligible counterparties and professional clients only, each
as defined in Directive 2014/65/EU (as amended, "MiFID II"); and (ii) all channels for distribution of the Notes
to eligible counterparties and professional clients are appropriate. Any person subsequently offering, selling or
recommending the Notes (a "distributor") should take into consideration the manufacturers' target market
assessment; however, a distributor subject to MiFID II is responsible for undertaking its own target market
assessment in respect of the Notes (by either adopting or refining the manufacturers' target market assessment)
and determining appropriate distribution channels.
PROHIBITION OF SALES TO EEA RETAIL INVESTORS: The Notes are not intended to be offered, sold or
otherwise made available to and should not be offered, sold or otherwise made available to any retail investor in
the European Economic Area ("EEA"). For these purposes, a "retail investor" means a person who is one (or
more) of: (i) a retail client as defined in point (11) of Article 4(1) of MiFID II; (ii) a customer within the meaning
of Directive 2002/92/EC (as amended or superseded, the "Insurance Mediation Directive"), where that customer
would not qualify as a professional client as defined in point (10) of Article 4(1) of MiFID II; or (iii) not a qualified
investor as defined in Directive 2003/71/EC (as amended or superseded, the "Prospectus Directive").
Consequently no key information document required by Regulation (EU) No 1286/2014 (as amended, the "PRIIPs
Regulation") for offering or selling the Notes or otherwise making them available to retail investors in the EEA
has been prepared and therefore offering or selling the Notes or otherwise making them available to any retail
investor in the EEA may be unlawful under the PRIIPs Regulation.
In connection with Section 309B of the Securities and Futures Act (Chapter 289) of Singapore (the "SFA") and
the Securities and Futures (Capital Markets Products) Regulations 2018 of Singapore (the "CMP Regulations
2018"), the Issuer has determined, and hereby notifies all relevant persons (as defined in Section 309A(1) of the
SFA), that the Notes are `prescribed capital markets products' (as defined in the CMP Regulations 2018) and
Excluded Investment Products (as defined in MAS Notice SFA 04-N12: Notice on the Sale of Investment Products
and MAS Notice FAA-N16: Notice on Recommendations on Investment Products).

Final Terms dated 7 April 2020
Holcim Finance (Luxembourg) S.A.
Legal Entity Identifier: 529900XU3Z9D2HLBR716
Issue of 500,000,000 2.375 per cent. Guaranteed Notes due 2025
under the
10,000,000,000 Euro Medium Term Note Programme
guaranteed by LafargeHolcim Ltd
Part A Contractual Terms
Terms used herein shall be deemed to be defined as such for the purposes of the Conditions set forth in the
Prospectus dated 20 May 2019 and the Prospectus Supplements dated 14 November 2019 and 31 March 2020 (the
"Prospectus Supplements") which together constitute a base prospectus (the "Prospectus") for the purposes of
Directive 2003/71/EC (as amended or superseded, the "Prospectus Directive"). This document constitutes the
Final Terms of the Notes described herein for the purposes of Article 5.4 of the Prospectus Directive and must be
read in conjunction with such Prospectus as so supplemented. Full information on the Issuer, the Guarantor and
the offer of the Notes is only available on the basis of the combination of these Final Terms and the Prospectus as
so supplemented. The Prospectus , the Prospectus Supplements and the Final Terms are available for viewing at
the specified office of the Fiscal Agent and on the Luxembourg Stock Exchange's website: www.bourse.lu.
1
(i)
Series Number:
27
(ii) Tranche Number:
1
(iii) Date on which the Notes will be
Not Applicable
consolidated to form a single Series:
2
Specified Currency or Currencies:
Euro ("")
3
Aggregate Nominal Amount:
(i)
Series:
500,000,000
(ii) Tranche:
500,000,000
4
Issue Price:
99.739 per cent. of the Aggregate Nominal Amount
5
(i)
Specified Denominations:
100,000 and integral multiples of 1,000 in excess
thereof up to and including 199,000. No notes in
definitive form will be issued with a denomination
above 199,000.
(ii)
Calculation Amount:
1,000
6
(i)
Issue Date:
9 April 2020
(ii) Interest Commencement Date:
Issue Date
7
Maturity Date:
9 April 2025
8
(i)
Interest Basis:
2.375 per cent. Fixed Rate
(further particulars specified below)
(ii)
Step Down Rating Change or Step
Not Applicable
Up Rating Change Event:
2

9
Redemption/Payment Basis:
Subject to any purchase and cancellation or early
redemption, the Notes will be redeemed on the Maturity
Date at 100 per cent. of their nominal amount
10
Change of Interest Basis:
Not Applicable
11
Put/Call Options:
Issuer Call
Change of Control Put
(further particulars specified below)
12
Date Board approval for issuance of
3 April 2019 for issuance of Notes. Not Applicable for
Notes and Guarantee obtained:
Guarantee.
PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
13
Fixed Rate Note Provisions
Applicable
(i)
Rate of Interest:
2.375 per cent. per annum payable annually in arrear
on each Interest Payment Date
(ii)
Interest Payment Date(s):
9 April in each year, commencing on 9 April 2021, up
to and including the Maturity Date
(iii) Fixed Coupon Amount:
23.75 per Calculation Amount
(iv) Broken Amount(s):
Not Applicable
(v)
Day Count Fraction (Condition 5(i)):
Actual/Actual-ICMA
(vi) Determination Dates (Condition 5(i)):
9 April in each year
14
Floating Rate Note Provisions
Not Applicable
15
Zero Coupon Note Provisions
Not Applicable
PROVISIONS RELATING TO REDEMPTION
16
Call Option
Applicable
(i)
Optional Redemption Date(s):
At any time
(ii)
Optional Redemption Amount(s) of
If the Optional Redemption Date is prior to 3 months
each Note:
before the Maturity Date, the Notes are redeemable at
the Make-Whole Amount.
If the Optional Redemption Date is 3 months before the
Maturity Date or thereafter, the Notes are redeemable at
par.
(a)
Make-Whole Amount:

Quotation Time:
11:00 a.m. (Central European Time)

Determination Date:
Optional Redemption Date

Reference Bond:
DBR 0.5 per cent. due 15 February 2025

Redemption Margin:
0.45 per cent.
(iii) Clean-Up Event:
Applicable
(iv) Clean-Up Redemption Price:
As set out in the Conditions
(v)
If redeemable in part:
3

(a)
Minimum Redemption Amount:
100,000
(b)
Maximum Redemption Amount:
Not Applicable
(vi) Notice period:
Minimum period: 30 days
Maximum period: 60 days
17
Put Option
Not Applicable
18
Change of Control Put:
Applicable
(i)
Change of Control Redemption
1,000 per Calculation Amount
Amount:
(ii)
Change of Control Put Period:
30 days
19
Final Redemption Amount of each Note:
Par
20
Early Redemption Amount
Early Redemption Amount(s) of each
1,000 per Calculation Amount
Note payable on redemption for taxation
reasons or on event of default or other
early redemption:
GENERAL PROVISIONS APPLICABLE TO THE NOTES
21
Form of Notes:
Bearer Notes:
Temporary Global Note exchangeable for a Permanent
Global Note which is exchangeable for Definitive
Notes in the limited circumstances specified in the
Permanent Global Note
22
New Global Note:
Yes
23
Financial Centre(s):
London, TARGET 2, Luxembourg, Zurich
24
Talons for future Coupons to be attached
No
to Definitive Notes (and dates on which
such Talons mature):
25
Prohibition of Sales to EEA Retail
Applicable
Investors:
4

Signed on behalf of the Guarantor:

By:
___________________________________
Duly authorised

By:
___________________________________
Duly authorised
EXECUTION VERSION - FINAL TERMS

Part B Other Information
1
Admission to Trading
(i)
Admission to trading:
Application has been made for the Notes to be listed on the
Official List of the Luxembourg Stock Exchange and to be
admitted to trading on the Regulated Market of the
Luxembourg Stock Exchange with effect from 9 April 2020.
(ii)
Estimate of total expenses related to
4,100
admission to trading
2
Ratings
Ratings:
The Notes to be issued are expected to be rated:
S&P: BBB
Moody's: Baa2
3
Interests of Natural and Legal Persons Involved in the Issue
Save as discussed in "Subscription and Sale", so far as the Issuer is aware, no person involved in the offer of the
Notes has an interest material to the offer.
4
Yield
Indication of yield:
2.431 per cent. (calculated on an annual basis). The yield is
calculated at the Issue Date on the basis of the reoffer price. It
is not an indication of future yield.
5
Operational Information
ISIN:
XS2156244043
Common Code:
215624404
CFI:
As updated, as set out on the website of the Association of
National Numbering Agencies (ANNA) or alternatively
sourced from the responsible National Numbering Agency
that assigned the ISIN
As updated, as set out on the website of the Association of
FISN:
National Numbering Agencies (ANNA) or alternatively
sourced from the responsible National Numbering Agency
that assigned the ISIN
Any clearing system(s) other than
Not Applicable
Euroclear Bank SA/NV and Clearstream
Banking S.A. and the relevant
identification number(s)
Delivery:
Delivery against payment
5

Names and addresses of initial Paying
Citibank, N.A. London Branch
Agent(s):
Citigroup Centre
Canada Square
Canary Wharf
London E14 5LB
United Kingdom
Names and addresses of additional Paying
Not Applicable
Agent(s) (if any):
Intended to be held in a manner which
Yes
would allow Eurosystem eligibility
Note that the designation "yes" simply means that the Notes
are intended to be deposited with one of the ICSDs as
common safekeeper and does not necessarily mean that the
Notes will be recognised as eligible collateral for Eurosystem
monetary policy and intra day credit operations by the
Eurosystem either upon issue or at any or all times during
their life. Such recognition will depend upon the ECB being
satisfied that Eurosystem eligibility criteria have been met.
6
Distribution
(i)
If syndicated, details of Managers:
(A)
Names of Managers:
Banco Bilbao Vizcaya Argentaria S.A.
BNP Paribas
Crédit Agricole Corporate and Investment Bank
Crédit Industriel et Commercial S.A.
Morgan Stanley & Co. International plc
Banco Santander, S.A.
Société Générale
Unicredit Bank AG
(B)
Stabilisation Manager(s) (if
BNP Paribas
any):
(ii)
If non-syndicated, details of Dealer:
Not Applicable
(iii) U.S. Selling Restrictions:
Reg. S Compliance Category 2; TEFRA D
6