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Published on 9/14/2020 in the Prospect News Emerging Markets Daily.

Fitch rates Cemex notes BB-

Fitch Ratings said it assigned a BB- rating to Cemex SAB de CV's $1 billion of senior secured notes due 2030.

Proceeds will be used for general corporate purposes, including debt repayment.

The notes' guarantors are Cemex Concretos, SA de CV, Cemex Espana, SA, New Sunward Holding BV, Cemex Asia BV, Cemex Corp., Cemex Finance LLC, Cemex Africa & Middle East Investments BV, Cemex France Gestion (SAS), Cemex Research Group AG and Cemex UK.


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