Itacamba Cement launches US$95.6m notes offering

Itacamba Cemento of Bolivia has announced a US$95.6m notes offering on the Bolivian stock exchange. The company is a subsidiary of Cementos Molins and Votorantim Cementos of Spain and Brazil, respectively.

Previsión AFP Bolivia acted as initial purchasers on the offering.

Itacamba Cementos is headquartered in Santa Cruz and has a cement capacity of approximately 1Mta with a grinding plant in Puerto Quijarro and an integrated plant in Yacuces.