valfor advised Cemex on sustainability-linked long-term Notes

LAW member firm from Zurich, Switzerland, valfor, advised Cemex, S.A.B. de C.V. (NYSE: CX), the global building materials and services company, on the successful reopening and placement of its sustainability linked long-term notes (certificados bursátiles de largo plazo) for a nominal amount of Mex$5.5 billion. Certain financial terms of the Notes are linked to compliance with the scope 1 and 2 net carbon emissions indicator, in accordance with the provisions of Cemex’s Sustainability-Linked Financing Framework. Casa de Bolsa BBVA México, S.A. de C.V., Grupo Financiero BBVA México, HSBC Casa de Bolsa, S.A. de C.V., Grupo Financiero HSBC and Scotia Inverlat Casa de Bolsa, S.A. de C.V., Grupo Financiero Scotiabank Inverlat, acted as joint placement agents of the offering.

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