Mexico's Cemex plans to price dollar-denominated senior secured notes

By Aleesia Forni

Virginia Beach, Sept. 25 - Mexico's Cemex SAB de CB is planning to offer dollar-denominated senior secured notes subject to market conditions, according to a company news release.

The offering will be a Rule 144A and Regulation S transaction.

Proceeds will be used to purchase the company's outstanding 9½% senior secured notes due 2016 issued by Cemex Finance LLC. Remaining proceeds will be used for general corporate purposes.

Cemex is a Monterrey, Mexico-based building materials supplier and cement producer.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.