CEMEX, S.A.B. de C.V. (CX) said it has received approval from the Comision Nacional Bancaria y de Valores to launch an offer to issue mandatorily convertible securities through an exchange offer directed to holders of Certificados Bursatiles issued by CEMEX.
CEMEX announced its intention to launch this exchange offer on November 4, 2009. These Securities will be mandatorily convertible into Certificados de Participacion Ordinaria, or CPOs, similar to those already outstanding. CEMEX may issue Securities mandatorily convertible into a maximum amount of 400 million CPOs. The offer period will be from November 11, 2009 to December 9, 2009; but this period could be extended in accordance to the terms described in the prospectus.
CEMEX intends to place these securities with Mexican Pension Funds and other investors outside the United States that are not U.S. persons in transactions exempt from registration under the U.S. Securities Act of 1933, as amended, in exchange for outstanding debt securities previously issued in the Mexican capital markets, which the company intends to cancel, once the exchange offer is consummated.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.