Cemex announces the successful reopening and placement of its Sustainability- Linked Long-Term Notes

Cemex, a global leader in the production and commercialization of cement, concrete, aggregates and other construction materials, has announced the successful reopening and placement of its Sustainability-Linked Long-Term Notes for a nominal amount in local currency equivalent to approximately 323 million dollars. The placement was made in two tranches, one with a 2.6-year tenor at a floating annual interest rate, and another with a 6.6-year tenor at an annual yield of 10.66%.

Certain financial terms of the Notes are linked to compliance with the scope 1 and scope 2 net carbon emissions indicator, in accordance with Cemex’s Sustainability-Linked Financing Framework, published in 2021, and updated in August 2023 to align it with its most ambitious decarbonization goals for 2030.