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Cemex to redeem €450 million of 2¾% senior secured notes due 2024
By Rebecca Melvin
Concord, N.H., June 18 – Mexico’s Cemex SAB de CV issued a notice of partial redemption of its 2¾% senior secured notes due 2024 on Friday, according to a 6-K filing with the Securities and Exchange Commission.
The company plans to redeem €450 million of the €650 million aggregate principal amount outstanding on July 22 at 101.375. After the redemption, €200 million of the notes will remain outstanding.
Cemex is a cement producer based in Monterrey, Mexico.
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