Loma Negra Compania Industrial Argentina Sociedad Anonima (LOMA) has released an update.
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Loma Negra’s parent company, InterCement, has filed for judicial recovery to stabilize its operations amidst ongoing debt restructuring efforts. This move is intended to facilitate negotiations with creditors without affecting Loma Negra’s operations, which remain unaffected by this development. InterCement’s robust cash flow ensures continued business stability and value creation despite the exclusivity agreement termination for a potential share sale.
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