U.S. Markets closed

Mexico's Cemex signs $4.05 bln in credit lines to refinance debt

MEXICO CITY, July 19 (Reuters) - Mexico's Cemex, one of the world's largest cement producers, has signed $4.05 billion in new credit lines with 20 different institutions, the company said on Wednesday.

Part of the funds will be used to refinance $3.678 billion in previous credit lines while the remaining amount will be used for corporate purposes that may included paying debt, the company said in a statement filed with the Mexican stock exchange. (Reporting by David Alire Garcia)