CRH Prices $2.5 Billion in Notes Offerings

Ticker: CRH · Form: 8-K · Filed: 2025-01-10T00:00:00.000Z

Sentiment: neutral

Topics: debt-offering, financing, notes

TL;DR

CRH just raised $2.5B across 4 note tranches maturing in 2029, 2033, and 2034.

AI Summary

On January 9, 2025, CRH Public Ltd Co. announced the pricing of its offering of $500 million aggregate principal amount of 5.2% guaranteed notes due 2029, $500 million aggregate principal amount of 6.4% notes due 2033, and $500 million aggregate principal amount of 5.4% guaranteed notes due 2034. The company also announced the pricing of its offering of $1.0 billion aggregate principal amount of 5.2% guaranteed notes due 2029.

Why It Matters

CRH has successfully raised significant capital through multiple note offerings, indicating strong market confidence and providing funds for potential future investments or debt management.

Risk Assessment

Risk Level: low — The filing is a standard debt issuance announcement with no immediate negative implications for the company.

Key Numbers

Key Players & Entities

FAQ

What is the total aggregate principal amount of notes CRH Public Ltd Co. is offering?

CRH Public Ltd Co. is offering a total aggregate principal amount of $2.5 billion across four tranches of notes.

What are the maturity dates for the notes being offered?

The notes being offered have maturity dates in 2029, 2033, and 2034.

What are the specific interest rates for each tranche of notes?

The notes due 2029 have a 5.2% interest rate, the notes due 2033 have a 6.4% interest rate, and the notes due 2034 have a 5.4% interest rate.

When was the date of the earliest event reported in this 8-K filing?

The date of the earliest event reported is January 9, 2025.

What is the primary business of CRH Public Ltd Co. based on its SIC code?

Based on its Standard Industrial Classification (SIC) code 3241, CRH Public Ltd Co. is primarily involved in the Cement, Hydraulic industry.

From the Filing

0001193125-25-004088.txt : 20250110 0001193125-25-004088.hdr.sgml : 20250110 20250110073617 ACCESSION NUMBER: 0001193125-25-004088 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 22 CONFORMED PERIOD OF REPORT: 20250109 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250110 DATE AS OF CHANGE: 20250110 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CRH PUBLIC LTD CO CENTRAL INDEX KEY: 0000849395 STANDARD INDUSTRIAL CLASSIFICATION: CEMENT, HYDRAULIC [3241] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 000000000 STATE OF INCORPORATION: L2 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-32846 FILM NUMBER: 25520438 BUSINESS ADDRESS: STREET 1: STONEMASON'S WAY, RATHFARNHAM CITY: DUBLIN 16 STATE: L2 ZIP: D16 KH51 BUSINESS PHONE: 353 1 404 1000 MAIL ADDRESS: STREET 1: STONEMASON'S WAY, RATHFARNHAM CITY: DUBLIN 16 STATE: L2 ZIP: D16 KH51 8-K 1 d899779d8k.htm 8-K 8-K CRH PUBLIC LTD CO false 0000849395 0000849395 2025-01-09 2025-01-09 0000849395 us-gaap:CommonStockMember 2025-01-09 2025-01-09 0000849395 crh:FivePointTwoPercentGuaranteedNotesDue2029Member 2025-01-09 2025-01-09 0000849395 crh:SixPointFourPercentNotesDue2033Member 2025-01-09 2025-01-09 0000849395 crh:FivePointFourPercentGuaranteedNotesDue2034Member 2025-01-09 2025-01-09     UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549     FORM 8-K     CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): January 9, 2025     CRH public limited company (Exact name of registrant as specified in its charter)       Ireland   001-32846   98-0366809 (State or other jurisdiction of incorporation)   (Commission File Number)   (I.R.S. Employer Identification No.) Stonemason’s Way , Rathfarnham , Dublin 16, D16 KH51 Ireland (Address of principal executive offices) + 353 1 404 1000 (Registrant’s telephone number, including area code) Not Applicable (Former name or former address, if changed since last report)     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:   ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)   ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)   ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d 2(b))   ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act:   Title of each class   Trading Symbol(s)   Name of each exchange on which registered Ordinary Shares of €0.32 each   CRH   New York Stock Exchange 5.200% Guaranteed Notes due 2029   CRH/29   New York Stock Exchange 6.400% Notes due 2033   CRH/33A   New York Stock Exchange 5.400% Guaranteed Notes due 2034   CRH/34   New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter) ☐  Emerging Growth Company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(e) of the Exchange Act ☐       Item 8.01 Other Events. Offerings of U.S. Dollar Guaranteed Notes On January 9, 2025, CRH America Finance, Inc. (“America Finance”),

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