Martin Marietta issues USD 5.5 billion senior notes to help fund Lhoist North America acquisition
Reuters2026/08/14 20:20- Martin Marietta priced a multi-tranche senior notes offering totaling USD 5.5 billion, creating new senior unsecured debt.
- Proceeds earmarked for the Lhoist North America acquisition, alongside borrowings under a USD 1.5 billion senior unsecured term loan facility.
- Notes include maturities from 2029 to 2056, with coupons ranging from 4.85% to 6.375%.
- Deal includes special mandatory redemption at 101% if the acquisition fails to close by the outside date.
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