The investment-grade notes are due 2027, 2028, 2030 and 2035

Davis Polk advised the joint book-running managers on an offering of $700 million aggregate principal amount of 4.600% senior notes due 2027, $700 million aggregate principal amount of 4.700% senior notes due 2028, $1 billion aggregate principal amount of 4.950% senior notes due 2030 and $1 billion aggregate principal amount of 5.400% senior notes due 2035 by Holcim Finance US LLC, under Rule 144A / Regulation S. The notes are guaranteed by Amrize Ltd, which became an independent company via  a spinoff by Holcim Ltd that completed on June 23, 2025.

Amrize is the largest building solutions company dedicated exclusively to the North American market. It serves customers across the infrastructure, commercial and residential construction sectors, supporting projects from new builds to repair and refurbishment. Holcim Ltd is a global leader in innovative and sustainable building solutions. Holcim Finance US LLC is a wholly owned indirect finance subsidiary of Amrize Ltd.

The Davis Polk capital markets team included partner Reuven B. Young and associates Serdar Inci and Shelby Young. Counsel Alon Gurfinkel and associate Valentin Van de Walle provided U.S. tax advice. Counsel John Taylor and associate Mary Valtas provided U.K. law advice. All members of the Davis Polk team are based in the London office.

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