Cemex calls €400 million of 4 3/8% notes for April 15 redemption

By Angela McDaniels

Tacoma, Wash., March 14 – Cemex SAB de CV will redeem €400 million of its €550 million 4 3/8% senior secured notes due 2023, according to a 6-K filing with the Securities and Exchange Commission.

The notes will be redeemed on April 15 on a pro rata basis and will trade on a pool factor basis following the redemption.

The redemption will leave €150 million of the notes outstanding.

Cemex is a cement producer based in Monterrey, Mexico.

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