Cemex Sells $1.25 Billion Hybrid Bond

Cemex Sells $1.25 Billion Hybrid Bond

Mexico

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

Already have an account?

Free trial

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

Free Trial