Cemex announces tender offer for Senior Secured Notes

Cemex says that it has started a tender offer to purchase up to US$475 million of various outstanding Notes. These are 7.25% Senior Secured Notes due in 2021, issued by Cemex; 6.5% Senior Secured Notes due 2019, issued by Cemex, and 9.375% Senior Secured Notes due 2022, issued by Cemex Finance, and together with the 2021 Notes and the 2019 Notes, subject to purchase in accordance with the acceptance priority level for each series of Notes and possible proration as described in Cemex’s Offer to Purchase d
February 14, 2017 Read time: 1 min

643 Cemex says that it has started a tender offer to purchase up to US$475 million of various outstanding Notes.

These are 7.25% Senior Secured Notes due in 2021, issued by Cemex; 6.5% Senior Secured Notes due 2019, issued by Cemex, and 9.375% Senior Secured Notes due 2022, issued by Cemex Finance, and together with the 2021 Notes and the 2019 Notes, subject to purchase in accordance with the acceptance priority level for each series of Notes and possible proration as described in Cemex’s Offer to Purchase dated13 February, 2017.

Cemex has retained HSBC Securities (USA) to act as dealer manager for the tender offer.

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