New Issue: Mexico's Grupo Cementos de Chihuahua sells $260 million 8 1/8% notes due 2020 at par

By Christine Van Dusen

Atlanta, Feb. 2 - Mexico's Grupo Cementos de Chihuahua SAB de CV (GCC) sold $260 million seven-year notes at par to yield 8 1/8%, a market source said.

BBVA, Citigroup and Scotia Capital were the bookrunners for the Rule 144A and Regulation S deal.

The notes are non-callable for three years.

The issuer is a Chihuahua, Mexico-based construction materials company.

Issuer:	Grupo Cementos de Chihuahua SAB de CV
Amount:	$260 million
Maturity:	Feb. 8, 2020
Description:	Senior secured notes
Bookrunners:	BBVA, Citigroup, Scotia Capital
Coupon:	8 1/8%
Price:	Par
Yield:	8 1/8%
Call features:	Non-callable for three years
Trade date:	Feb. 1
Settlement date:	Feb. 8
Distribution:	Rule 144A and Regulation S

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