June 2, 2020 |
Mexican cement maker Cemex has hired the lead bookrunners on a possible bond sale, looking to raise money to pay off debt and cover general corporate purposes, a source involved in the deal told LatinFinance.
The company has mandated BBVA, Citi, Crédit Agricole and JPMorgan to lead investor calls, which started on Monday, and also picked Bank of America, HSBC, ING and Mizuho as passive bookrunners, the source said.
Cemex could carry out a benchmark-sized sale of new notes that mature in five or
Mexican cement company hires banks to pitch a benchmark-sized deal to investors this week