Cement News: Corporate
HeidelbergCement AG said it plans to sell at least EUR1bn (US$1.47bn) of five- and seven-year bonds to refinance borrowing in its first note issue in almost two years.
A recent debt restructuring by Cemex may trigger around US$600m in payments on credit default swaps
JP Morgan maintains the ’Overweight’ rating on Ultratech Cement with a revised target price of Rs 950.
US-based financial holding company JPMorgan Chase & Co recently raised its shareholding in China
Standard & Poor’s Ratings Services said Thursday it raised its long-term corporate credit and senior
East Africa Portland Cement Co., Kenya’s second-largest cement maker, plans to issue a convertible bond
Hanson Permanente Cement of Guam and Hawaiian Rock Products have formed a strategic alliance
Saudi Arabia’s Yanbu Cement Co. posted an almost 20 per cent drop in third-quarter net profit due to
Mexico’s peso gained for a fourth day as lawmakers from the Institutional Revolutionary Party said they
Saudi Qassim Cement has announced plans to offer its shareholders one bonus share for each existing stock
Fitch Ratings has affirmed the ratings of Martin Marietta Materials, Inc. as follows:
HeidelbergCement AG will launch a high-yield bond of more than EUR1bn (US$1.47bn) early next week
Prism Cement on Tuesday reported a rise of over two-fold in its net profit for the second quarter ended
Saudi cement producer Tabuk Cement Company (TCC) registered a decline in its net profit for the first
China Resources Cement Holdings has priced its shares at the high end of the offer range at HK$3.90 each.
Holcim Ltd.’s liquidity needs have been met with recent refinancing efforts, and the firm doesn’t plan any