ENGLEWOOD (S&P Global Ratings) April 2, 2025-- S&P Global Ratings today assigned its 'BBB+' issue-level rating to Amrize Ltd. ?s proposed senior unsecured notes, issued by its financing subsidiary Holcim Finance US LLC. We believe there will exist no material priority obligations ranking ahead of the senior unsecured obligations, and therefore rate the company?s senior unsecured debt, including the proposed notes 'BBB+', the same as the issuer credit rating. This issuance is in line with the company?s previously announced capital structure plans and the proceeds are intended to be used toward repayment of intercompany loans, following the spin off from Holcim Ltd. For more information on Amrize, please see our most recent research update , published March 25, 2025, on