Dangote acquires 20,000 vehicles to improve distribution
Nigeria’s Dangote Cement has acquired 20,000 additional vehicles to improve the distribution of its products across the country. The vehicles, made up of trucks, trailers and ti...
Bond Issue
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UltraTech Cement receives approval to raise INR30bn
India’s UltraTech Cement has received approval to raise INR30bn (US$411.42m) through the issuance of US dollar-denominated bonds. The proceeds from the issuance are expected to ...
Cemex announces pricing of US$1.75bn senior secured notes
Cemex SAB de CV announced the price of US$1.75bn of its 3.875 per cent senior secured notes due in 2031 and denominated in US dollars. The notes have a semi-annual interest rate...
Cemex announces plans for a US$1bn bond issue
Cemex has announced plans to issue US$1bn in senior notes to raise funds for general operations, including paying off debt, according to Reuters. The bonds will have a coupon of...
Cemex announces plans for US$1bn bond issue
Cemex has announced plans to issue US$1bn worth of bonds, with a 7.375 per cent coupon and a maturity date of June 2027. The issue is expected to be used to support ongoing busi...
Dangote Cement looks to raise NGN100bn from bonds
Nigeria’s Dangote Cement is seeking to raise up to NGN100bn (US$257.23m) from the bond market, under its NGN300bn debt issuance programme. The funds from the company’s first off...
CRH issues new bonds
CRH has issued US$1.5bn of bond debt at a lower cost than expected, reports the Irish Independent. In total, it consists of a 10-year US$900m bond and a 30-year US$600m bond. Bo...
HeidelbergCement issues a Eurobond
HeidelbergCement priced a Eurobond issue under its EUR10bn Euro medium-term note (EMTN) programme with an issuance volume of EUR500m and a maturity date of 14 June 2027. The pro...
Votorantim Cimentos issues EUR500m in European bonds
Votorantim Cimentos SA announces the issuance of its Euro-denominated bond, representing the first issuance since November 2014 by a Brazilian company in the international capit...
Siam Cement fourth-quarter net profit up 11% YoY
Siam Cement PCL, Thailand's largest industrial conglomerate, said on Wednesday its 4Q14 net profit rose 11 per cent due mainly to improving margin for its petrochemical business...