Cemex Picks Two Bonds for Tender

Cemex Picks Two Bonds for Tender

Mexico Bonds

Following Wednesday’s $1.4bn sale of 2018 and 2021 NC4 bonds, Cemex has launched offers for its existing 2016 and 2017 bonds, it says. The Mexican cement maker is offering holders $1,032.50 per $1,000.00 principal amount for the 2016, plus an additional $30 if they accept before the October 8 early deadline, it says. Accepting holders of the euro-denominated 2017s get EUR1,063.50 per EUR1,000.00 principal, and an additional EUR30 before the early deadline. The full offer runs through October 23.

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