Standard & Poor's ratifies Cemex rating

Credit risk rating agency Standard & Poors (S&P) has ratified Mexican cement company Cemex’s global credit rating at 'B+' with a positive outlook. S&P stated that Cemex had increased cash flow generation, consolidated a solid financial performance and improved credit indicators. S&P also confirmed the company's national long-term and short-term debt ratings at 'mxBBB' and 'mxA-2'. The agency estimated that Cemex had capacity to continue improving its financial indicators during 2016.
February 4, 2016 Read time: 1 min

Credit risk rating agency 4447 Standard & Poors (S&P) has ratified Mexican cement company 643 Cemex’s global credit rating at 'B+' with a positive outlook.

S&P stated that Cemex had increased cash flow generation, consolidated a solid financial performance and improved credit indicators. S&P also confirmed the company's national long-term and short-term debt ratings at 'mxBBB' and 'mxA-2'.

The agency estimated that Cemex had capacity to continue improving its financial indicators during 2016.

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January 31, 2017

Cemex upgraded by S&P Global Ratings

Mexican cement giant Cemex says S&P Global Ratings (S&P) upgraded its Corporate credit rating in its global scale to BB- from B+.

According to S&P, the upgrade reflects the company's sustainable deleveraging trajectory, improved profitability and its financial discipline to protect its liquidity.

“We are pleased to see our discipline and consistency in reducing our leverage reflected in an improvement in our credit rating,” said Jose Antonio Gonzalez, CEMEX’s chief financial officer. “This should fur

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