The refinancing agreement extends the final maturity of existing €450 million Term Loan to 2029 and increases facility size by €300 million through a new Revolving Credit Facility maturing in 2028. Six new lenders joined the syndicated credit agreement, supporting Cemex’s sustainability linked facility. Cemex announced today that it has successfully refinanced its Euro denominated...
Cemex has updated its Sustainability-Linked Financing Framework to align with its more ambitious 2030 decarbonization targets, announced on November 2022 and validated by the Science-Based Targets initiative (SBTi) for alignment under their 1.5°C scenario, the most ambitious pathway defined for the cement industry. Cemex’s Framework, first issued in 2021, aligns Cemex’s financing strategy with its...