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05:29 EDTCX
theflyonthewall.com: Cemex receives approval to launch convertible securities transaction
CEMEX announced that it has received approval from the Comisión Nacional Bancaria y de Valores to launch an offer to issue mandatorily convertible securities through an exchange offer directed to holders of Certificados Bursátiles 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 Participación Ordinaria, similar to those already outstanding. The transaction is expected to be launched for a minimum amount of Securities of MXN3.0 billion. CEMEX may issue Securities mandatorily convertible into a maximum amount of 400 million CPOs. :theflyonthewall.com



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January 27, 2010
05:19 EDTCX
theflyonthewall.com: Cemex reports Q4 EPS (22c) vs. consensus of (15c)
Reports Q4 revenue $3.4B vs. consensus of $3.4B :theflyonthewall.com