Loma Negra Compania Industrial Argentina Sociedad Anonima (LOMA) has released an update.
Loma Negra C.I.A.S.A. has informed that its indirect controlling shareholder, InterCement Participações S.A., has made progress in its debt restructuring efforts by submitting a court-approved plan in Brazil. The plan, which aims to preserve InterCement’s business and maximize value for stakeholders, does not affect Loma Negra’s financial obligations or rights, as the company is not part of the restructuring. Loma Negra reassures investors of its commitment to transparency and will continue to provide updates.
For further insights into LOMA stock, check out TipRanks’ Stock Analysis page.
