Cemex announces early results of oversubscribed tender offer

Chicago, Sept. 29 – Cemex, SAB de CV announced the early results of its oversubscribed tender offer for up to $400 million aggregate purchase price from three notes, according to a 6-K filing with the Securities and Exchange Commission.

Cemex will be accepting all of the tendered notes from the first two series and will be prorating the third series, but accepting a signification portion of the tendered notes.

Accordingly, the acceptance results, with the series listed by acceptance priority level, are the following:

• All accepted of the $291,177,000 tendered of the $1,398,946,000 outstanding 3 7/8% notes due 2031 (Cusip: 151290BZ5, P2253TJR1) for a total consideration of $821.25;

• All accepted of the $81,944,000 tendered of the $799,328,000 outstanding 5.2% notes due 2030 (Cusip: 151290BX0, P2253TJQ3) for a total consideration of $900.00; and

• $94,955,000, or 92.3618% prorated, accepted of the $98,795,000 tendered of the $848,008,000 outstanding 5.45% notes due 2029 (Cusip: 151290BV4, P2253TJN0) for a total consideration of $917.50.

The company will be accepting $468,076,000 principal amount of the notes for purchase, to be paid in the amount of $404,512,954. Interest is being paid to the settlement date.

Payment will be made on Sept. 30.

The offer officially was set to expire at 11:59 p.m. ET on Oct. 12.

Citigroup Global Markets Inc. (888 558-3745 or 212 723-6106) and Credit Agricole Securities (USA) Inc. (866 807-6030 or 212 261-7802) are dealer managers for the tender offer.

The information agent and tender agent is Global Bondholder Services Corp. (855 654-2015 or 212 430-3774).

Cemex is a building materials company based in Monterrey, Mexico.

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