Cimpor receives new financing ??

Cimpor receives new financing ??
21 July 2011

Cimpor has realised new funding worth approximately EUR100m, with international markets.

Official sources told the Economic Daily that this new tranche of funding has a term of four years. However, it did not specify the financial instrument.

The same official source said, Cimpor "has no refinancing needs for the next two years." 

"The average maturity of debt [Cimpor] was 2.7 years earlier. It is not yet determined the increase induced by this new long-term financing," the source added.

Published under Cement News