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Amrize Secures $3.4 Billion in Oversubscribed Bond Offering

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Holcim ( (CH:HOLN) ) has shared an update.

Amrize, a company preparing for a spin-off from Holcim, successfully completed a $3.4 billion bond offering, indicating strong investor confidence in its future. The bond was oversubscribed more than four times, with the funds set to support Amrize’s growth strategy and financial positioning as it aims to become a leading partner for builders across North America.

More about Holcim

YTD Price Performance: -2.38%

Average Trading Volume: 167,018

Technical Sentiment Signal: Sell

Current Market Cap: CHF47.2B

See more insights into HOLN stock on TipRanks’ Stock Analysis page.

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