| Filed Pursuant to Rule 433 | ||
| Dated July 16, 2008 | ||
| Registration Statement No. 333-137106 | ||
| 333-137106-01 |
CRH America, Inc.
US$ 650,000,000 8.125% Notes due 2018
Guaranteed as to the payment of Principal and Interest by
CRH plc
Final Term Sheet
Issuer: | CRH America, Inc. | |
Guarantor: | CRH plc | |
Security: | 8.125% Notes due 2018 | |
Type: | SEC-Registered | |
Currency: | U.S. Dollars | |
Maturity: | 15 July, 2018 | |
Coupon: | 8.125% | |
Yield to maturity: | 8.131% | |
Size: | $650,000,000 | |
Price to Public: | 99.963% of face amount | |
Benchmark Treasury: | 3.875% May 2018 | |
Benchmark Treasury Price and Yield: | 99.547%, 3.931% | |
Spread to Benchmark Treasury: | 420 bp | |
Settlement Date: | T+5, 23 July 2008 | |
Interest Payment Dates: | 15 July and 15 January commencing on 15 January 2009 (short 1st coupon) | |
Make-whole redemption at the option of the Issuer: | 100% of face amount plus present value at a discount rate of Treasury plus 50 bps | |
Anticipated Ratings: | Moody’s Investors Service, Inc.: Baa1 (stable) | |
Standard & Poor’s Ratings Services: BBB+ | ||
(negative outlook) | ||
Bookrunners: | Citigroup Global Markets Inc. | |
J.P. Morgan Securities Inc. | ||
Barclays Capital Inc. | ||
BNP Paribas Securities Corp. | ||
Senior Co-Managers: | Greenwich Capital Markets, Inc. | |
UBS Securities LLC | ||
Co-Managers: | Banc of America Securities LLC | |
J&E Davy | ||
ING Financial Markets LLC | ||
Rabo Securities USA, Inc. | ||
Anticipated Listing: | NYSE |
Note: A securities rating is not a recommendation to buy, sell or hold securities. Ratings may be subject to revision or withdrawal at any time, and each rating should be evaluated independently of any other rating.
CRH has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents CRH has filed with the SEC for more complete information about CRH and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, CRH, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling Citigroup Global Markets Inc. toll-free at 1-877-858-5407 or J.P. Morgan Securities Inc. collect at 1-212-834-4533.
