Fitch Downgrades Cemex's IDR to 'BB+'; Outlook Negative.

Extract


Fitch Downgrades Cemex's IDR to 'BB+'; Outlook Negative.

CHICAGO -- Fitch Ratings has downgraded the following ratings of Cemex, S.A.B. de C.V. (Cemex) and related entities:

--Cemex foreign currency Issuer Default Rating (IDR) to 'BB+' from 'BBB-';

--Cemex local currency IDR to 'BB+' from 'BBB-...

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