Guatemala Cement Maker Mulls Bond Debut

Guatemala Cement Maker Mulls Bond Debut

Bonds

Guatemala’s Cementos Progreso is considering funding options including a dollar bond debut as it seeks cash for project expansion, Peter Giesemann, Cementos Progreso’s corporate finance head tells LatinFinance. “If conditions in the market are acceptable we feel there could be a good window in September or October,” Giesemann says. While rates have risen from historical lows, the dollar market is still attractive versus the sizes and prices on offer in Guatemala’s local market, he says. Progreso

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