Holcim's Amrize Spin-off Set for June 23

Holcim is set to finalize the 100% spin-off of its North American business, Amrize, with its trading debut slated for June 23, 2025. Shares will trade on the NYSE and SIX under the ticker “AMRZ.” Holcim shareholders, following a 99.75% vote in favor, will receive one Amrize share per Holcim share on record as of June 20.

Amrize has acquired investment grade ratings of BBB+ and Baa1 from S&P and Moody’s, respectively. The company has secured $3.4 billion in debt financing, including a $2 billion credit facility and commercial paper program. On its launch day, Amrize will join the Swiss SMI and SLI indices.

With over 1,000 sites in North America, Amrize positions itself as a significant player in the construction market. Holcim remains focused on sustainable construction growth in various regions post-spin-off.