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S&P Rewards Cemex's Efforts

As a result of the strategy that Cemex has followed in recent years in relation to reducing its leverage by improving its financial structure, Standard and Poor's Global Ratings upgraded the company's ratings.

"S&P raised Cemex's credit ratings on a global scale to 'BB+' from 'BB', and on a national scale long-term to 'mxAA-' from 'mxA', and short-term to 'mxA-1+' from 'mxA-1′," said Gerardo Cevallos, analyst at Vector.

Read the full article (in Spanish)

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