Feb 2026 Financial News

Trinidad Cement Limited - Notice of Change in Credit Arrangements

Feb 04, 2026

TRINIDAD CEMENT LIMITED
NOTICE
CHANGE IN CREDIT ARRANGEMENTS

Trinidad Cement Limited ("TCL'' or "the Company") hereby advises that, on January 30, 2026, pursuant to the authorization of its Board of Directors, the Company executed (i) an amendment and restatement agreement to TCL's revolving loan agreement dated September 12, 2023 with Citibank (Trinidad & Tobago) Limited for a principal amount of TT$35 million (the "Citibank Loan"), and (ii) an amendment and restatement agreement with RBC Merchant Bank (Caribbean) Limited for a principal amount of TT$65 million (the "RBC Merchant Bank Loan") (the Citibank Loan and the RBC Merchant Bank Loan, together, "the Agreements"). The proceeds from the loans granted under the Agreements will be used for general corporate purposes.

 

The key terms of the Agreements are:

1. Term - 3 years.
2. Interest Rate - Open Market Operation Rate+ 250 bps(current rate: Open Market Operation rate + 275bps)
3. The Agreements are guaranteed by Cemex, S.A.B. de C.V.

This Notice is published pursuant to Section 64(1)(b) of the Trinidad and Tobago Securities Act, 2072

 

Source:
The Trinidad and Tobago Stock Exchange Limited
Wednesday 4th February 2026