Logo CRH mechanism

Important remark : CRH has also the benefit of its borrowers-shareholders' commitments to provide lines of credit and regulatory stockholders' equity if necessary.

CRH Bondholders

Bonds issued by CRH

Privilege claim on the notes in order to cover the bonds

Notes issued by banks
and memorialising the CRH loans

Pledge of housing loans portfolio covering the notes

Housing loans granted
by the banks

Individual home Buyers