Cemex concludes sale of subordinated notes

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Mexico: Cemex has concluded the sale of subordinated notes with a value of US$1.0bn. The company says that it will use the proceeds from the bonds sale for various purposes, including debt repayment.

Chief financial officer Maher Al-Haffar said, “The purpose of this transaction is to further Cemex in its pursuit of an investment grade capital structure and a commensurate leverage ratio.”

Last modified on 16 June 2021

URL: https://www.globalcement.com/news/item/12532-cemex-concludes-sale-of-subordinated-notes

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