CRH Prices $1.5 Billion in Senior Notes

TL;DR

CRH just dropped $1.5B in new debt, split between 2034 and 2054 maturities.

AI Summary

CRH Public Ltd Co announced on April 11, 2024, that it has priced $1.5 billion of senior notes. The notes include $750 million of 4.375% senior notes due 2034 and $750 million of 4.875% senior notes due 2054. This offering is part of CRH's ongoing strategy to manage its capital structure and fund general corporate purposes.

Why It Matters

This debt issuance indicates CRH is actively managing its financing and may be preparing for future investments or acquisitions, impacting its financial leverage.

Risk Assessment

Risk Level: low — The filing is a routine debt issuance announcement, not indicating any immediate operational or financial distress.

Key Numbers

• $1.5B — Senior Notes Priced (Total amount raised through the issuance of new debt.)
• 2034 — Maturity Year (Maturity year for the first tranche of senior notes.)
• 2054 — Maturity Year (Maturity year for the second tranche of senior notes.)

Key Players & Entities

• CRH Public Ltd Co (company) — Registrant
• $1.5 billion (dollar_amount) — Total principal amount of senior notes priced
• 4.375% senior notes due 2034 (dollar_amount) — Tranche of senior notes
• 4.875% senior notes due 2054 (dollar_amount) — Tranche of senior notes
• April 11, 2024 (date) — Date of report and earliest event

FAQ

Filing Documents

• crh-20240411.htm (8-K) — 31KB
• crhpublishesquarterlyusgaa.htm (EX-99.1) — 233KB
• crh-logoxfullcolourxrgba.jpg (GRAPHIC) — 53KB
• 0001628280-24-015698.txt ( ) — 520KB
• crh-20240411.xsd (EX-101.SCH) — 3KB
• crh-20240411_def.xml (EX-101.DEF) — 16KB
• crh-20240411_lab.xml (EX-101.LAB) — 28KB
• crh-20240411_pre.xml (EX-101.PRE) — 17KB
• crh-20240411_htm.xml (XML) — 4KB

01 Regulation FD Disclosure

Item 7.01 Regulation FD Disclosure. On April 11 , 20 24, CRH public limited company published its quarterly U.S. GAAP information for the financial year ended December 31, 2023 (the "Quarterly Information"). A copy of the Quarterly Information is furnished as Exhibit 99.1 hereto and is incorporated herein by reference. The information disclosed in this Current Report on Form 8-K pursuant to this Item 7.01 (including Exhibit 99.1 attached hereto) shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liability of that section, and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporation language in such filing, except as shall be expressly set forth by specific reference in any such filing.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 99.1 Quarterly Information 104 Cover Page Interactive Data File ** (formatted in Inline XBRL)

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: April 11, 2024 CRH public limited company /s/ Jim Mintern By: Jim Mintern Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR