West China Cement talks $400 million five-year notes at 6˝%-6 5/8%

By Christine Van Dusen

Atlanta, Sept. 4 – West China Cement Ltd. set talk at 6˝% to 6 5/8% for a $400 million offering of five-year notes (/B+/B1), a market source said.

Credit Suisse and Nomura Securities are the bookrunners for the Regulation S deal.

The proceeds will be used to refinance the $400 million 7˝% notes due 2016, which were issued on Jan. 25, 2011.

The cement manufacturer and distributor is based in Xi’an, China.

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