Financial

Cemex bond sale facing doubts on weak demand

14 December, 2020

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Concerns over the outcome of Cemex' $500 million bond sale surfaced on Thursday as pricing soared. However, Cemex said that it is still looking to issue the bonds to help pay debt maturing in 2009, but its stock fell more than 15% on worries the company is facing an uphill battle to complete the issuance.

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