Creating and distributing additional copies is prohibited without the permission of the publisher. Contact

Cemex Paves Road to Renewal

Dec 10, 2009

Cemex has priced a tighter than expected issue of $1.25bn and EUR350m in bonds. The fallen Mexican cement maker generated orders of about $8.0bn and EUR1.5bn, as investors showed faith in its plan for recovery, say bankers on the deal. “It’s a case of investors feeling there are still investment-grade fundamentals at the company,” Bevan Rosenbloom, LatAm corporate debt analyst at RBS, tells LatinFinance. As the book swelled, Cemex revised guidance...

To continue reading please take a free trial, subscribe or login below.

Already have an account?


Subscribe now for unlimited access to all current and archive news, data and market analysis. 


Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial

LatinFinance Events


Will ABS become more interesting for LatAm borrowers as US monetary policy normalizes?


Printing isn't available for this page.