Fitch Ratings Upgrades Cemex to Investment Grade [Yahoo! Finance]
S&P Global Inc. (SPGI)
Last s&p global inc. earnings: 4/28 07:10 am
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Source: Yahoo! Finance
This follows S&P Global Ratings' upgrade announced in March 2024. "Achieving investment grade is a milestone for Cemex," said Fernando A. González, CEO of Cemex. "This rating is confirmation of both our strategy and our execution against it. By optimizing our cost of capital, it also serves as the foundation for increased financial flexibility going forward to address our capital allocation priorities of growth investments in key markets and shareholder return." Cemex's strategic focus on its key markets was advanced further last week by the announcement of the agreement to divest its operations and assets in the Philippines. Also, Cemex also recently announced the closing of a €750 million bank refinancing as part of its comprehensive financing plan designed to increase liquidity and flexibility. About Cemex Cemex is a global construction materials company that is building a better future through sustainable products and solutions. Cemex is committed to achieving carbon neutr
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SPGI
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- 4/26/24 - Miss
SPGI
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- 5/15/24 - Form 144
- 5/6/24 - Form 8-K
- SPGI's page on the SEC website