Cemex creditors agree to US$421m new notes swap
Cemex said on Tuesday that creditors had so far agreed to swap debt holdings for US$421m of new high-yield notes as part of its plan to refinance its debt burden. Reuters report...
914 posts · Page 89 of 92
Cemex said on Tuesday that creditors had so far agreed to swap debt holdings for US$421m of new high-yield notes as part of its plan to refinance its debt burden. Reuters report...
Cemex has reported its highest quarterly EBITDA since the third quarter of 2009 as a pick-up in US operations helps to offset declines in Europe and Mexico.
Cemex is expected show improvement in its second-quarter results as recovering US operations offset weakness in Europe, although a stronger US dollar is likely to limit sales in...
Cemex announced that it is to increase cement prices in Mexico by an average of six per cent per bag as of today. (Source: Sexenio Nuevo León, Mexico)
As a result of investing in excess of US$175m since 2005 in boosting the use of alternative kiln fuels, Cemex has currently achieved a 25 per cent substitution rate.
Ratings agency Standard & Poor’s (S&P) may cut the credit rating on Cemex and its key operating subsidiaries following the cement major’s recently announced refinancing proposal...
Cemex expects to launch a debt exchange offer next week, a top company official told Reuters on Friday. The offer is part of a new refinancing deal it proposed to creditors in N...
Cemex launched a proposal on Monday to refinance debt due in 2014. The company said it will propose a three-year extension of debt maturing in February 2014 to February 2017, an...
Cemex UK and Conservation International Europe have presented their book, Oceans: Heart of Our Blue Planet, at a Royal Society reception in London. The book, which has also been...
Cemex has said Mexico’s antitrust agency upheld a fine of MXP10.2m (US$729,000) against the company for blocking a 2004 cement shipment from Russia, according to Bloomberg repor...