8-K

CRH PUBLIC LTD CO 8-K Report (Sep 15, 2006)

Filed September 15, 2006For Securities:CRH

Summary

This 8-K filing by CRH PUBLIC LTD CO (CRH) primarily serves to incorporate by reference legal opinions regarding a significant debt issuance. CRH America, Inc., a subsidiary, issued $500,000,000 in 5.625% Guaranteed Notes due 2011 and $1,250,000,000 in 6.00% Guaranteed Notes due 2016. CRH plc, the parent company, provided unconditional guarantees for these notes. The filing includes legal opinions from both Irish counsel (Arthur Cox) and U.S. counsel (Sullivan & Cromwell LLP). These opinions confirm the validity and enforceability of the notes and the parent company's guarantees under Irish and New York law, respectively. Investors can find assurance in these legal affirmations regarding the financial commitments made by CRH plc in relation to this debt issuance.

Key Highlights

  • 1CRH America, Inc. issued $1.75 billion in aggregate principal amount of guaranteed notes.
  • 2The issuance comprises $500 million in 5.625% Guaranteed Notes due 2011 and $1.25 billion in 6.00% Guaranteed Notes due 2016.
  • 3CRH plc, the parent company, provided full, unconditional, and irrevocable guarantees for these notes.
  • 4The filing incorporates legal opinions from Arthur Cox (Irish counsel) and Sullivan & Cromwell LLP (U.S. counsel).
  • 5These legal opinions confirm the validity and enforceability of the notes and the parent company's guarantees under relevant jurisdictions (Ireland and New York).
  • 6The debt issuance was made under a Registration Statement on Form S-8 and is incorporated by reference into existing registration statements.

Frequently Asked Questions

This 8-K filing is primarily to incorporate by reference legal opinions concerning a significant debt issuance by CRH America, Inc., which is guaranteed by its parent company, CRH plc. These legal opinions confirm the validity and enforceability of the guaranteed notes.

CRH America, Inc. issued a total of $1.75 billion in aggregate principal amount of notes. This includes $500 million of 5.625% Guaranteed Notes due 2011 and $1.25 billion of 6.00% Guaranteed Notes due 2016.

CRH plc, the parent company, acts as the guarantor for the notes issued by its subsidiary, CRH America, Inc. CRH plc provides full, unconditional, and irrevocable guarantees for the payment of principal, interest, and other amounts due on these notes.

Yes, the filing includes legal opinions from Arthur Cox (Irish counsel) and Sullivan & Cromwell LLP (U.S. counsel). These opinions confirm that the notes and the guarantees constitute valid and legally binding obligations of CRH America, Inc. and CRH plc, respectively, under Irish and New York law.