Martin Marietta issues USD 5.5 billion senior notes to help fund Lhoist North America acquisition
MLM•Senior notes offering and acquisition funding
Martin Marietta priced a multi-tranche senior notes offering totaling USD 5.5 billion, creating new senior unsecured debt.
Proceeds are earmarked for the Lhoist North America acquisition, alongside borrowings under a USD 1.5 billion senior unsecured term loan facility.
The notes include maturities from 2029 to 2056, with coupons ranging from 4.85% to 6.375%.
The deal includes a special mandatory redemption at 101% if the acquisition fails to close by the outside date.




