Molins successfully places €500 million inaugural bond in European capital markets

Molins has successfully placed its inaugural bond (ISIN XS3385893956) through its subsidiary Molins Finance, S.A.U. The issuance amounts to €500 million of senior unsecured notes due 2033 (7NC3), with a fixed coupon of 5.50% per annum.

The Notes are guaranteed on a senior unsecured basis by the Parent, Cementos Molins, S.A., and certain subsidiaries of the Parent. Molins has been assigned a rating of BB/BB with a stable outlook by both S&P and Fitch. The Notes are listed on the Luxembourg Stock Exchange.

The proceeds from the Notes will support Molins’ long-term financing strategy, further strengthening its capital structure, liquidity profile and financial flexibility, following the transformational acquisition of Secil, completed at the end of first quarter of 2026, and will enable the full repayment of the bridge facility used to partially fund the acquisition.

The transaction generated a very strong investor demand, with the order book multiple times oversubscribed, reflecting confidence in Molins’ resilient business model, disciplined financial profile and long-term growth strategy.

J.P. Morgan SE (B&D) and Banco Santander acted as Joint Global Coordinators and Joint Physical Bookrunners. Uría Menéndez and Mayer Brown acted as legal counsel to Molins and Milbank and Cuatrecasas acted as legal counsel to the banks. Additionally, HSBC Continental Europe and Intesa Sanpaolo acted as Joint Physical Bookrunners, BBVA and CaixaBank acted as Joint Bookrunners, and Banco Sabadell acted as Manager.

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