Pre-Christmas prep pays off for Cemex after $1bn deal pulls in $6bn of orders, 380 accounts
Cemex reaped the rewards of pre-Christmas preparations this week, becoming the first emerging market corporate to issue an international bond in 2011 with a $1bn seven year senior secured bond via Bank of America Merrill Lynch and JPMorgan on Tuesday. With the JPMorgan Emerging Markets Bond Index Global tightening 12bp against US Treasuries, the Mexican cement giant attracted almost $6bn of orders.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts