Quickfire Cemex scraps euro tranche as it prints $800m
GlobalCapital, is part of the Delinian Group, DELINIAN (GLOBALCAPITAL) LIMITED, 4 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 15236213
Copyright © DELINIAN (GLOBALCAPITAL) LIMITED and its affiliated companies 2024

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement
Corporate Bonds

Quickfire Cemex scraps euro tranche as it prints $800m

Mexican cement maker Cemex issued $800m (Eu567m) of senior secured floating rate notes at 525bp above Libor on Tuesday evening, in one of the first drive-by high yield deals since Japan’s earthquake. Demand for the dollar portion of the note was such that the borrower decided against issuing a euro tranche.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login
Gift this article