Mexico's Cemex Says Closed $3.25 Billion Syndicated Credit Agreement

MEXICO CITY, Nov 8 (Reuters) - Mexico's Cemex said Monday it successfully closed a new $3.25 billion syndicated credit agreement and used the proceeds to fully repay its previous facilities agreement.

The new credit agreement consists of a $1.5 billion five-year amortizing term loans and a $1.75 billion five-year committed revolving credit facility, the company said in a statement.