Cemex Sells $1.25 Billion Hybrid Bond

Cemex Sells $1.25 Billion Hybrid Bond


Mexico's Cemex sold a dual-tranche senior perpetual bond issue through Barclays and JPMorgan Monday, weighing in at $1.25 billion. The sale comprised $350 million of the first tranche, which is callable after year five, priced to yield 6.196% or 170b

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