Cemex third quarter loss expected to narrow
Cemex is expected to post a narrower third quarter loss for the July-September period of 2013 led by a pick-up by US sales, the company’s biggest market. According to a Reute...
Mexico
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Fitch rates Cemex outlook Stable
Fitch Ratings has assigned 'BB-/RR3' ratings to Cemex's proposed floating rate senior secured notes due in 2018 and senior secured notes due in 2021. The 2018 and 2021 notes w...
Cemex announces pricing of senior notes
Leading Mexican cement major Cemex priced US$1.4bn in senior notes Wednesday. The debt sale comes after the Mexican government's issuance Monday of US$3.9bn in 10-year global b...
US to drive gains in Cemex EBITDA – report
The US construction sector is expected to be the main driver behind an annual 12.6 per cent rise in Cemex’s EBITDA over the next five years, a report by Banco Monex has stated....
S&P revises GCC’s outlook to stable, Mexico
Standard & Poor's has affirmed its B-rating for Mexico-based producer Grupo Cementos de Chihuahua (GCC) and has revised the outlook from positive to stable. The rating reflec...
Cemex launches new cement product in Mexico
Cemex in Mexico has introduced a new product to the market, EXTRA cement, the result of almost three years of research and development. EXTRA cement is especially designed a...
Cemex announces pricing of US$1bn senior secured notes
Cemex announced today the pricing of US$1bn of senior secured notes denominated in US dollars. Cemex intends to use the approximately US$995m of net proceed...
Cementos Molins 1H profit falls 58%
Cementos Molins closed the first half-year with a profit of EUR8.3m, 58 per cent down on 1H12. The decline has been attributed to the poor performance of the Spanish subsidiari...
Fitch upgrades Cemex to B+
Fitch upgraded its foreign and local issuer default rating of Cemex to B+ from B, the ratings agency said in a report. The upgrade is based on Cemex's improved capital struct...
Cemex expects best volume growth from USA
Cemex reported a slight decline in turnover for the first half of 2013, with EBITDA also down marginally but the trading profit improved by double digits. While volumes were do...