Mexican cement maker Cemex SAB de CV returned to global markets after a nearly two-year hiatus to sell $1 billion of green securities.
The perpetual notes, offered with a call option after 5.25 years were priced to yield 9.125%, which was the tight end of guidance discussed earlier with investors, according to people familiar with the matter. The book reached as high as $2.9 billion, the people said, asking not to be named as they are not authorized to speak publicly on the transaction.