December 16, 2013 / 10:51 PM / 4 years ago

Mexico's Cemex pays off $355 mln in debt ahead of schedule

MEXICO CITY, Dec 16 (Reuters) - Mexico’s Cemex , one of the world’s biggest cement companies, said on Monday it has paid off $355 million in notes maturing in 2016.

The company, which has struggled amid the global economic downturn and a heavy debt load from costly acquisitions, reported a wider than expected third quarter loss in October.

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