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| Cemex launchs global public offering Mexican cement maker Cemex announced that it commenced a global public offering of 1,200 million of its CPO shares traded on the Mexican stock exchange, directly or in the form of American depositary shares, plus up to an additional 180 million CPOs to cover over-allotments. Cemex said it plans to use the net proceeds to pay down debt. The company last month reached an agreement with its creditors to refinance $15 billion in debt. write your comments about the article :: © 2009 Construction News :: home page |