Martin Marietta Materials $600 million floating rate and 3.45% notes issues

23/5/2017
Investment grade bond/note issue

$ 600 million

Completed

23/5/2017


Overview:

  • Martin Marietta Materials has issued $600 million in senior notes.
  • $300 million of the notes are floating rate and due 2020.
  • The other $300 million are 3.45% senior notes due 2027.
  • Deutsche Bank Securities and JPMorgan Securities are acting as underwriters.
  • Martin Marietta is an American-based company and a leading supplier of building materials, including cement, ready mixed concrete and asphalt. 

Katrin Kostadinova - Data analyst

Jurisdiction:

United States

Deal type:

Investment grade bond/note issue

Practice area:

Capital markets : Debt

Governing law:

United States

Industry sector:

Construction and materials


Firm:

Party: Deutsche Bank Securities (Underwriter)

Party: JP Morgan Securities (Underwriter)