Cemex Sab De Cv (CX) has released an update.
Cemex, S.A.B. de C.V., a major player in the building materials industry, has received a positive financial assessment as Fitch Ratings upgraded its Long-Term Issuer Default Ratings and senior unsecured notes to ‘BBB-‘ from ‘BB+’, with a stable outlook. The company’s National Long-Term rating also saw an improvement to ‘AA+(mex)’ from ‘AA(mex)’, while the National Short-Term Rating remains strong at ‘F1+’.
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