Standard & poor's upgrades cemex to investment grade

Monterrey, mexico--(business wire)-- #sp--rating agency standard & poor's (s&p) announced today that it has upgraded cemex's long-term global scale issuer credit rating to investment grade (bbb-) due to its strong financial and operating performance, deleveraging strategy, and flexible capital allocation. “achieving an investment-grade credit rating from s&p is a very important milestone for cemex,” said fernando a. gonzÁlez, ceo of cemex. “while we had record results last year, this rati.
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