S&P rates LafargeHolcim entities BBB

Standard & Poor’s said it assigned BBB long-term and A-2 short-term issuer credit ratings to LafargeHolcim Ltd.’s group financial vehicles.

The outlook is stable.

The ratings on these vehicles are equalized with those on LafargeHolcim, S&P said, reflecting a view that the vehicles are core subsidiaries of the LafargeHolcim group as legal entities created for the purpose of raising debt on the group’s behalf.

The entities include Holcim Finance (Belgium) SA, Holcim Capital (Corp.) Ltd., Holcim European Finance Ltd., Holcim Finance (Australia) Pty Ltd., Holcim Finance (Luxembourg) SA, Holcim GB Finance Ltd., Holcim Overseas Finance Ltd., Holcim US Finance Sarl & Cie SCS, Holcim Finance (Canada) Inc., LafargeHolcim Albion Finance Ltd., LafargeHolcim Continental Finance Ltd., LafargeHolcim Helvetia Finance Ltd., LafargeHolcim International Finance Ltd. and LafargeHolcim Sterling Finance (Netherlands) BV.

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