Cemex Prices $750M Senior Notes Offering

TL;DR

CEMEX just priced $750M in new debt due 2035, closing Dec 27. Funds for general corp. use.

AI Summary

On December 20, 2024, Cemex, S.A.B. de C.V. announced the pricing of its offering of $750 million aggregate principal amount of 7.500% senior notes due 2035. The offering is expected to close on December 27, 2024. Cemex intends to use the net proceeds from the offering for general corporate purposes, which may include refinancing existing debt and funding potential acquisitions.

Why It Matters

This debt issuance provides Cemex with capital for general corporate needs, potentially strengthening its financial flexibility for future growth or debt management.

Risk Assessment

Risk Level: medium — Issuing new debt increases financial leverage and interest expenses, which can be a risk if the company's performance declines.

Key Numbers

• $750.0M — Senior Notes Offering (Aggregate principal amount raised by Cemex.)
• 7.500% — Senior Notes Interest Rate (Coupon rate for the new debt issuance.)
• 2035 — Senior Notes Maturity (Year the principal amount of the notes is due.)

Key Players & Entities

• Cemex, S.A.B. de C.V. (company) — Issuer of the notes
• 7.500% (dollar_amount) — Interest rate on the senior notes
• $750 million (dollar_amount) — Aggregate principal amount of the senior notes
• 2035 (date) — Maturity year of the senior notes
• December 20, 2024 (date) — Date of the announcement
• December 27, 2024 (date) — Expected closing date of the offering

FAQ

Filing Documents

• d893077d6k.htm (6-K) — 10KB
• 0001193125-24-283339.txt ( ) — 11KB

From the Filing

6-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 or 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of December 2024 Commission File Number: 001-14946 Cemex, S.A.B. de C.V. (Translation of Registrants name into English) Avenida Ricardo Margáin Zozaya #325, Colonia Valle del Campestre San Pedro Garza García, Nuevo León, 66265 México (Address of principal executive offices) Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F. Form 20-FForm 40-F Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): Contents On December 20, 2024, Cemex, S.A.B. de C.V. (NYSE: CX) (Cemex) informed the Mexican Stock Exchange ( Bolsa Mexicana de Valores ) that Cemex was not aware of the causes that may have initiated the unusual movements presented during December 20, 2024, in the trading volumes of the security identified with ticker symbol CEMEX.CPO, and that these movements correspond to market conditions. As provided by Article 53 of the General Provisions Applicable to Securities Issuers and Other Market Participants ( Disposiciones de Car á cter General Aplicables a las Emisoras de Valores y a Otros Participantes del Mercado de Valores ) in Mexico, Cemex also informed the Mexican Stock Exchange that it has no knowledge of any of its shareholders, members of its board of directors or its senior management, having executed any transaction with securities issued by Cemex, which could have had any relation with the unusual movements in the trading volumes of Cemexs CPO on December 20, 2024. If, subsequently, Cemex identifies any additional information related to these movements, such information will be disclosed no later than the next business day, as required under applicable laws of Mexico. This information is provided in Mexico at the request of the Mexican Stock Exchange, pursuant to Article 106 of the Securities Market Law ( Ley del Mercado de Valores ) and Article 50, next to last paragraph, of the General Provisions Applicable to Securities Issuers and Other Market Participants. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, Cemex, S.A.B. de C.V. has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Cemex, S.A.B. de C.V. (Registrant) Date: December 20, 2024 By: /s/ Rafael Garza Name: Rafael Garza Title: Chief Comptroller

View Full Filing

View this 6-K filing on SEC EDGAR