CRH subsidiary completes four-tranche note offering
Net proceeds are expected to finance tender offers for Arcosa, Inc. notes, repay existing debt and support general corporate purposes.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
CRH public limited company’s wholly owned subsidiary, CRH America Finance, Inc., completed an offering on November 9, 2026, of four note tranches: $1.35 billion of 5.375% Guaranteed Notes due 2032, $1 billion of 5.625% Guaranteed Notes due 2034, $1.35 billion of 5.750% Guaranteed Notes due 2037, and $500 million of 6.250% Guaranteed Notes due 2057. CRH public limited company fully and unconditionally guarantees principal, interest, any premium, and other amounts payable under the notes.
Net proceeds are expected to finance CRH America Finance’s tender offers for outstanding notes of Arcosa, Inc., repay existing debt, and support general corporate purposes.
8-K Event Classification
Key Figures
Key Terms
Guaranteed Notes financial
Underwriting Agreement financial
Indenture financial
net proceeds financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What notes did CRH America Finance issue for CRH?
What will CRH America Finance use the proceeds for?
AI-generated analysis. How Rhea-AI works. Not financial advice.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
(Exact name of registrant as specified in its charter)
| |
|
| ||
| (State or other jurisdiction of incorporation) |
(Commission File Number) |
(I.R.S. Employer Identification No.) |
(Address of principal executive offices)
(Registrant’s telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class |
Trading Symbol(s) |
Name of each exchange on which | ||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter)
| |
Emerging Growth Company |
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act ☐
| Item 8.01 | Other Events. |
Offering of U.S. Dollar Guaranteed Notes
On November 9, 2026, CRH America Finance, Inc. (“CRH AF”), a wholly owned subsidiary of CRH public limited company (“CRH plc”), completed the issuance and sale of the securities described below pursuant to an underwriting agreement, dated as of November 4, 2026, between CRH plc, CRH AF and Barclays Capital Inc., J.P. Morgan Securities LLC, and Morgan Stanley & Co. LLC, as representatives of the several underwriters named therein (the “Underwriting Agreement”). Pursuant to the Underwriting Agreement, CRH AF agreed to issue and sell to the underwriters named therein (i) $1,350,000,000 aggregate principal amount of 5.375% Guaranteed Notes due 2032 (the “2032 Notes”), (ii) $1,000,000,000 aggregate principal amount of 5.625% Guaranteed Notes due 2034 (the “2034 Notes”), (iii) $1,350,000,000 aggregate principal amount of 5.750% Guaranteed Notes due 2037 (the “2037 Notes”) and (iv) $500,000,000 aggregate principal amount of 6.250% Guaranteed Notes due 2057 (the “2057 Notes” and, together with the 2032 Notes, 2034 Notes, and 2037 Notes, the “Notes”), fully and unconditionally guaranteed by CRH plc as to the principal, interest, premium, if any, and any other amounts payable in respect of them. The Notes were issued in an offering registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), and issued pursuant to an Indenture, dated as of May 21, 2024, between CRH plc, CRH AF and The Bank of New York Mellon, as trustee (the “Indenture”), and an officer’s certificate, dated as of November 9, 2026, by CRH AF and CRH plc with respect to the Notes (the “Officer’s Certificate”).
The net proceeds of the offering of Notes are expected to be used to finance tender offers made by CRH AF for outstanding notes of Arcosa, Inc., repay existing debt, and for general corporate purposes. The disclosure in this Item 8.01 is qualified in its entirety by the provisions of the Indenture, filed as Exhibit 4.1 hereto, the Underwriting Agreement, filed as Exhibit 1.1 hereto, the Officer’s Certificate, filed as Exhibit 4.2 hereto, and the forms of global notes evidencing the Notes included therein, each of which are incorporated herein by reference. In connection with the issuance and sale of the Notes, legal opinions regarding the validity of the Notes are filed as Exhibits 5.1 and 5.2 to this Form 8-K for the purpose of incorporating such opinions into the Registration Statement of CRH plc on Form S-3 (No. 333-279349).
| Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits.
| Exhibit No. | Description | |
| 1.1 |
Underwriting Agreement, dated as of November 4, 2026, between CRH plc, CRH America Finance, Inc. and Barclays Capital Inc., J.P. Morgan Securities LLC, and Morgan Stanley & Co. LLC, as representatives of the several underwriters named therein. | |
| 4.1 |
Indenture, dated as of May 21, 2024, between CRH plc, CRH America Finance, Inc. and The Bank of New York Mellon (incorporated by reference to Exhibit 4.1 to the Company’s Current Report on Form 8-K filed on May 21, 2024). | |
| 4.2 |
Officer’s Certificate of CRH America Finance, Inc. and CRH plc pursuant to Sections 102 and 301 of the Indenture, dated November 9, 2026, setting forth the terms of the (i) 5.375% Guaranteed Notes due 2032, (ii) 5.625% Guaranteed Notes due 2034, (iii) 5.750% Guaranteed Notes due 2037 and (iv) 6.250% Guaranteed Notes due 2057. | |
| 4.3 |
Form of 5.375% Guaranteed Notes due 2032 (included in Exhibit 4.2). | |
| 4.4 |
Form of 5.625% Guaranteed Notes due 2034 (included in Exhibit 4.2). | |
| 4.5 |
Form of 5.750% Guaranteed Notes due 2037 (included in Exhibit 4.2). | |
| 4.6 |
Form of 6.250% Guaranteed Notes due 2057 (included in Exhibit 4.2). | |
| 5.1 |
Opinion of Arthur Cox LLP, relating to the (i) 5.375% Guaranteed Notes due 2032, (ii) 5.625% Guaranteed Notes due 2034, (iii) 5.750% Guaranteed Notes due 2037 and (iv) 6.250% Guaranteed Notes due 2057. | |
| 5.2 |
Opinion of Sullivan & Cromwell LLP, relating to the (i) 5.375% Guaranteed Notes due 2032, (ii) 5.625% Guaranteed Notes due 2034, (iii) 5.750% Guaranteed Notes due 2037 and (iv) 6.250% Guaranteed Notes due 2057. | |
| 23.1 |
Consent of Arthur Cox LLP (included in Exhibit 5.1). | |
| 23.2 |
Consent of Sullivan & Cromwell LLP (included in Exhibit 5.2). | |
| 104 |
Cover Page Interactive Data File (embedded within the Inline XBRL document). | |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: November 9, 2026
| CRH public limited company | ||
| /s/ Aylwyn Bryan | ||
| By: |
Aylwyn Bryan | |
| Chief Financial Officer | ||
Filing Exhibits & Attachments
8 documentsOther Documents
- EX-1.1 EX-1.1 213.7 KB
- EX-4.2 EX-4.2 685.5 KB
- EX-5.1 EX-5.1 78.7 KB
- EX-5.2 EX-5.2 10.0 KB
- EX-101 XBRL TAXONOMY EXTENSION SCHEMA 6.6 KB
- EX-101 XBRL TAXONOMY EXTENSION DEFINITION LINKBASE 17.1 KB
- EX-101 XBRL TAXONOMY EXTENSION LABEL LINKBASE 30.4 KB
- EX-101 XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE 18.7 KB