CEMEX, S.A.B. de C.V. Issues Notice of Partial Redemption with Respect to Its 5.700% Senior Secured Notes Due 2025
January 13, 2021 at 06:04 am
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On January 12, 2021, CEMEX, S.A.B. de C.V. announced that it issued a notice of partial redemption with respect to its 5.700% Senior Secured Notes due 2025 (the “2025 Notes”). The aggregate principal amount of the 2025 Notes being redeemed is USD 750,000,000 of the USD 1,070,625,000 aggregate principal amount of 2025 Notes outstanding as of the date of this report. The 2025 Notes are expected to be partially redeemed on February 16, 2021 (the “Redemption Date”) at a redemption price equal to 101.900% of the principal amount of the 2025 Notes, plus accrued and unpaid interest, if any, to, but excluding, the Redemption Date. After giving effect to the partial redemption, the aggregate principal amount of 2025 Notes expected to remain outstanding is USD 320,625,000.
Cemex SAB de CV is a Mexico-based operating and holding company primarily engaged, directly or indirectly, through subsidiaries, in the production, distribution, marketing and sale of cement, ready-mix concrete, aggregates, clinker and other globally provided construction materials. The construction-related services supply customers and communities in over 50 countries throughout the world. The Company operates in various locations, including Mexico, the United States, Europe, South America, Central America, the Caribbean, Asia, the Middle East and Africa. The cement production facilities are located in Mexico, the United States, Spain, Egypt, Germany, Colombia, the Philippines, Poland, the Dominican Republic, the United Kingdom, Panama, Puerto Rico, Thailand and Nicaragua. The Company is a supplier of aggregates, primarily the crushed stone, sand and gravel, used in various forms of construction.
CEMEX, S.A.B. DE C.V. 
