BLBG: Cemex May Sell Benchmark Dollar Bonds to Yield About 9.5%
By Veronica Navarro Espinosa
Dec. 9 (Bloomberg) -- Cemex SAB, the largest cement maker in the Americas, may sell benchmark dollar bonds to yield about 9.5 percent, according to a person familiar with the transaction.
The Mexican company may sell the bonds as early as today, said the person, who declined to be identified because terms aren’t set. A benchmark sale is typically at least $500 million in size.
To contact the reporter on this story: Veronica Navarro Espinosa in New York at vespinosa@bloomberg.net
