According to a statement from Cemex, the issue was for a nominal amount of 5.5 billion pesos (mdp), which were developed in two available series:

Cemex 23L with a value of 2,000 million pesos with an approximate term of 2.6 years at a variable annual interest rate of TIIE 29 days + 0.45 percent.

Cemex 23-2 L with a value of 3,500 million pesos for 6.6 years with an annual return equivalent to 10.66 percent.

Of interest: These were the largest industrial investments during 2023

These long-term stock certificates have the direct support of Cemex Concretos, S.S. de C.V., Cemex operations Mexico, S.A. de C.v, Cemex Corp, and Cemex Innovation Holding Ltd.

The Mexican cement company declared that the net resources obtained from the reopening of the issues will have the objective of paying debts, which will seek to obtain rapid development for the credit rating for an investment grade.

In the same way, the agreement with the financial framework that is linked to Cemex's sustainability has a reason for being, due to the polluting degree of its production, therefore the company maintains a faithful specific commitment to reducing CO2 emissions.

Consult here: Construction of industrial buildings continues unstoppable in Saltillo

For HSBC, with the development of this transaction, Cemex has issued a total of $11.5 billion pesos since it joined the local debt market in 2023.

In Solili you can check warehouses available in: Nuevo Laredo, Tecate and Chihuahua.

Original Note.