FCC gives cement unit EUR100m loan

FCC gives cement unit EUR100m loan
Published: 12 October 2012


Spanish builder FCC said on Thursday it has given its Cementos Portland unit a EUR100m (US$129m) transitory loan as part of the cement arm's refinancing agreement with its creditors.

Separately, Cementos Portland said it may consider following through with capital hike plans in 2013 if market conditions are suitable (Source: Reuters)