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Июль
2024

Deadline Looms: InterCement’s $549 Million Debt Crisis and the Fight for Solvency

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InterCement, a major player in South America’s cement industry, is racing against the clock. By July 17, the company must manage a looming $549 million debt payment, or approximately R$3 billion ($550.35 million). Without a finalized sale of its Brazilian and Argentinian operations to CSN, it might seek court protection to avoid default. This marks […]