Cemex sells US$500m senior unsecured notes

Cemex sells US$500m senior unsecured notes
Published: 15 January 2010

Cemex has sold US$500m senior unsecured notes on January 13, 2010, in a reopening of its 9.50 per cent 2016 bonds, according to certain sources familiar with the deal.

The company stated that the yield to maturity on the new notes is 8.477 percent.

According to sources, the deal was three times oversubscribed, with substantial orders placed by United States investors.