Overview

• The creditor assembly backed InterCement’s judicial restructuring with 99.99% support, setting up Marcelo Mindlin’s Latcem, Redwood Capital Management and funds managed by Moneda‑Patria as the principal incoming shareholders.
• The plan’s implementation remains contingent on homologation by the São Paulo bankruptcy court and satisfaction of contractual conditions precedent.
• The approved package provides for a significant debt reduction and a new shareholder-backed credit line to reinforce working capital and stabilize the balance sheet over the next five years without major maturities.
• InterCement and its Argentine subsidiary Loma Negra will continue operating normally during the transition, with commitments to maintain quality standards, employment and stakeholder relationships.
• Mindlin strengthened his position by acquiring 60% of Banco Itaú’s claims on InterCement for $45 million in June, advancing Camargo Corrêa’s broader divestment process that includes Loma Negra.