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View Full Version : Cemex Yields Top 20% as Loan Covenant at Risk: Mexico Credit - Bloomberg



NewsWhore
10-05-2011, 01:00 AM
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Cemex Yields Top 20% as Loan Covenant at Risk: Mexico Credit (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGLFTYIp4rZv8b49cl2CisVJBkU_A&url=http://www.bloomberg.com/news/2011-10-05/cemex-yields-top-20-as-loan-covenant-at-risk-mexico-credit.html)
Bloomberg
The currency&#39;s plunge is driving up the cost of servicing Cemex&#39;s dollar-denominated debt, said Gerardo Copca, an equity analyst at Mexico City-based Metanalisis SA. Seventy-four percent of Cemex&#39;s debt was in dollars as of the end of June. ...

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