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Standard & Poor’s Upgrades Its Credit Ratings On CEMEX SA de CV


Thursday, 26 Sep 2013 08:50pm EDT 

CEMEX SA de CV announced that Standard & Poor’s have upgraded its long-term credit rating on the Company to B+ from B on the global scale, a long-term credit rating to mxBBB from mxBBB- and a short-term credit rating to mxA-2 from mxA-3 on the national scale –CaVal-. The outlook is stable. The ratings of the Company have been upgraded due to the improved financial performance and capital structure. 

Company Quote

9.59
-0.04 -0.42%
27 Jan 2015