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Cemex Continues Maturity Extension

Oct 5, 2012

Fresh off of last month’s $7bn refinancing agreement, Cemex has returned to the bond market to raise $1.5bn to continue its maturity extension efforts. Taking advantage of improvements in its own secondary performance and of continued investor appetite for yield, the cement maker generated $7bn in demand for the new 2022 NC5....

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“The crisis has been a setback for reserve diversification."

Jan Dehn, Ashmore Investment Management


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