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Cemex to Partially Redeem 2024s Early

Cemex to Partially Redeem 2024s Early

Mexican cement company Cemex plans to redeem €450mn ($534mn) of its 2.75% 2024s, leaving €200mn ($237mn) outstanding. Cemex, rated BB-, will pay 101.375% of its face value plus accrued interest on July 22. This comes after Cemex issued $1bn in perpetual bonds...
CEMEX Upgraded to BB by Fitch

Cemex Lining Up New Dollar Bond

Mexican cement company Cemex is planning to issue perpetual dollar bonds on its second sale in the international bond market this year. The planned perpetual deferable and subordinated hybrid securities have an expected rating of B, three notches below its issuer...
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