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Cemex announces expiry of tender offer to purchase Notes

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World Cement,

Cemex has announced the expiration of its previously announced cash tender offer to purchase up to US$450 million of the 9.375% Senior Secured Notes due to 2022 issued by Cemex Finance LLC. The Tender Offer expired at 11.59 pm, NYC time, on 27 July 2016. Cemex has been advised by the tender agent that as of the Expiration Deate, a total of US$355 346 000 of the notes had been validly tendered in the Tender Offer, including US$352 946 000 of validly tendered Notes purchased by Cemec on the early settlement date of 19 July 2016. Cemex intends to accept all US$2 400 000 additional Notes validly tendered since 8am on 14 July 2016, and at or prior to the Expiration Date. Following the completion of the Tender Offer, US$1 055 594 000 principal amount of the Notes are expected to remain outstanding.

Holders of the additional Notes that validly tendered after the Early Tender Date and at or prior to the Expiration Date are entitled to receive U.S.$1,072.50 per U.S.$1,000 principal amount of the Notes accepted for purchase. The final settlement date on which CEMEX will make payment for such additional Notes is expected to be August 1, 2016 (the “Final Settlement Date”). Holders will also receive accrued and unpaid interest on such additional Notes from the last interest payment date to, but not including, the Final Settlement Date.

BNP Paribas Securities Corp. and Credit Agricole Securities (USA) Inc. acted as Dealer Managers for the Tender Offer. Global Bondholder Services Corporation acted as Information Agent and Tender Agent for the Tender Offer.

Adapted from press release by

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