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Cemex Bolsters Liquidity and Sustainability Goals

Cemex Sab De Cv (CX) has released an update.

Confident Investing Starts Here:

Cemex, a global construction materials company, has successfully refinanced its sustainability-linked syndicated credit agreement, extending its final maturity to 2029 and enhancing liquidity by adding a new €300 million revolving credit facility. This strategic financial move, led by prominent banks, aligns with Cemex’s commitment to strengthening its financial position and supports its ambitious ‘Future in Action’ program aimed at achieving carbon neutrality.

For further insights into CX stock, check out TipRanks’ Stock Analysis page.

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