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The logo of Mexican cement maker CEMEX is pictured at it's plant in Monterrey, Mexico June 8, 2021. REUTERS/Daniel Becerril/File Photo Acquire Licensing RightsMEXICO CITY, Sept 21 (Reuters) - Mexican cement maker Cemex is in talks to refinance its entire $3 billion credit facility with banks, Bloomberg reported on Thursday, citing company executives. "We're in current discussions with our banks, because the biggest amount of debt that is maturing is bank debt," Chief Financial Officer Maher Al-Haffar was quoted as saying in an interview. A Cemex spokesperson pointed Reuters to prior earnings calls in which executives had discussed the potential of a refinancing. Last year, ratings agency S&P estimated that in 2023 and 2024, Cemex would face "debt maturities of less than $500 million," noting that the amount was "highly manageable."
Persons: Daniel Becerril, Maher Al, Haffar, Fernando Gonzalez, Fitch, Cemex, Gonzalez, Kylie Madry, Isabel Woodford, Richard Chang Organizations: REUTERS, Bloomberg, Mexico City, Thomson Locations: Monterrey, Mexico, MEXICO, Mexican, Costa Rica, El Salvador, Europe
JANDARIS, Syria, March 22 (Reuters) - Hussein Mankawi has little hope he will ever rebuild his home and food distribution businesses in the north-west Syrian city of Jandaris after they were reduced to rubble by last month's deadly earthquake, wiping out his life's work. There is nothing but tents," he said, standing by the mangled ruins of his home in the rebel-held region. The Feb. 6 earthquakes were the worst modern-day natural disasters to strike Syria and Turkey, killing more than 56,000 people across the two countries. The U.N. says more than 100,000 people have been displaced in the region since the first quake struck on Feb. 6. "We were looking for a better life," he said as he waited to be let through the border with his family.
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