CEMEX Completes Secondary Equity Offering of GCC Shares

February 15, 2017

Cleary Gottlieb represented Grupo Cementos de Chihuahua, S.A.B. de C.V. (GCC) in a $209 million secondary equity offering by Cemex, S.A.B. de C.V. (CEMEX) of 45 million shares of GCC’s common stock (not including an overallotment option of 6.75 million shares).

The offering was comprised of a public offering in Mexico and a Rule 144A/Reg S offering in the United States and outside of Mexico and the U.S. The offering priced on February 9, 2017, and closed on February 15, 2017.

Citigroup Global Markets Inc. and J.P. Morgan Securities, LLC acted as initial purchasers for the offering.

GCC is a leading supplier of cement, aggregates, concrete and construction-related products in Mexico and the U.S. CEMEX is one of the largest cement and ready-mix concrete companies in the world.