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Business & Finance

Mexico's Cemex plans to redeem $1 billon worth of bonds

  • Monterrey-based Cemex, one of the largest companies in the country.
Published January 14, 2021 Updated January 14, 2021 10:20am
By

MEXICO CITY: Mexican cement maker Cemex on Wednesday said that it has issued a notice of full redemption for $1 billion worth of senior secured bonds with a coupon of 7.750% and maturing in 2026.

Monterrey-based Cemex, one of the largest companies in the country, said in a statement to the stock exchange that it expects fully redeem the bonds on Feb. 16.

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