New bond issue: CEMEX sells USD 800m in 2015 bonds with 3M Libor + 5.0% coupon
CEMEX (Mexico) on March 29, 2011 placed USD 800m in bonds with a 3M Libor + 5.0% coupon, maturing in 2015. The bond was priced at 99.001%. BofA Merrill Lynch, JP Morgan, RBS arranged the deal.
Issuer, issue number: CEMEX, 2015 (FRN)
Type of debt instrument: Eurobonds
Issue status: outstanding
Par, currency of issue: USD, 100000
Amount: 800 000 000
End of placement: Mar 29 2011
Issue price: 99.001
Coupon: 3M Libor + 5.0%
Coupon frequency: 4 time(s) per year
Settlement Date: Apr 05 2011
Maturity date: Sep 30 2015
Issue Managers: BofA Merrill Lynch, JP Morgan, RBS
Issuer profile:
CEMEX S.A.B. de C.V. is the world's largest building materials supplier and third largest cement producer.Founded in Mexico in 1906, the company is based in Monterrey, Mexico. CEMEX has operations extending around the world, with production facilities in 50 countries in North America, the Caribbean, South America, Europe, Asia, and Africa. As of late 2003, CEMEX had annual cement production capability of 82 million tons and over 25,000 employees. Lorenzo Zambrano is the current chairman and chief executive officer. About one-third of the company's sales come from its Mexico operations, a quarter from its plants in the U.S., 15% from Spain, and smaller percentages from its plants around the world. CEMEX currently operates on four continents, with 66 cement plants, 2,000 ready-mix-concrete facilities, 400 quarries, 260 distribution centers and 80 marine terminals. The company's world headquarters are in San Pedro Garza Garcia, a city that is part of the Monterrey metropolitan area in the northeastern Mexican state of Nuevo León.
Outstanding issues:
5 issue(s) outstanding worth USD 4 950 000 000
1 issue(s) outstanding worth EUR 350 000 000
CEMEX (Mexico) on March 29, 2011 placed USD 800m in bonds with a 3M Libor + 5.0% coupon, maturing in 2015. The bond was priced at 99.001%. BofA Merrill Lynch, JP Morgan, RBS arranged the deal.
Issuer, issue number: CEMEX, 2015 (FRN)
Type of debt instrument: Eurobonds
Issue status: outstanding
Par, currency of issue: USD, 100000
Amount: 800 000 000
End of placement: Mar 29 2011
Issue price: 99.001
Coupon: 3M Libor + 5.0%
Coupon frequency: 4 time(s) per year
Settlement Date: Apr 05 2011
Maturity date: Sep 30 2015
Issue Managers: BofA Merrill Lynch, JP Morgan, RBS
Issuer profile:
CEMEX S.A.B. de C.V. is the world's largest building materials supplier and third largest cement producer.Founded in Mexico in 1906, the company is based in Monterrey, Mexico. CEMEX has operations extending around the world, with production facilities in 50 countries in North America, the Caribbean, South America, Europe, Asia, and Africa. As of late 2003, CEMEX had annual cement production capability of 82 million tons and over 25,000 employees. Lorenzo Zambrano is the current chairman and chief executive officer. About one-third of the company's sales come from its Mexico operations, a quarter from its plants in the U.S., 15% from Spain, and smaller percentages from its plants around the world. CEMEX currently operates on four continents, with 66 cement plants, 2,000 ready-mix-concrete facilities, 400 quarries, 260 distribution centers and 80 marine terminals. The company's world headquarters are in San Pedro Garza Garcia, a city that is part of the Monterrey metropolitan area in the northeastern Mexican state of Nuevo León.
Outstanding issues:
5 issue(s) outstanding worth USD 4 950 000 000
1 issue(s) outstanding worth EUR 350 000 000
