Intercement Reaches Restructuring Agreement for Loma Negra

Friday, Jul 25, 2025 9:51 am ET1min read

Loma Negra Compania Industrial Argentina Sociedad Anonima's parent company, Intercement, has reached a restructuring agreement with a majority of its creditors. The agreement includes a marketing process for Intercement's stake in Loma Negra but does not affect the company's operations. The negotiations will continue until August 15, 2025.

Loma Negra Compania Industrial Argentina Sociedad Anonima (LOMA) has announced that its parent company, Intercement Participações S.A., has reached an agreement in principle with a majority of its creditors for a potential consensual restructuring. The agreement includes a marketing process for Intercement’s stake in Loma Negra, but the company clarified that it is not part of the judicial reorganization, and its operations remain unaffected. The negotiations are set to continue until August 15, 2025, with the aim of finalizing the deal documentation.

The restructuring agreement comes as Intercement faces significant financial challenges, including a R$14.2 billion debt load. The agreement seeks to address these liabilities by selling off assets, including Intercement’s stake in Loma Negra, which is valued at nearly R$4 billion. Loma Negra is Argentina’s leading cement producer and has seen strong financial performance, characterized by solid profitability and cash management. The company’s stock has been rated a Buy by analysts, with a $14.00 price target [1].

The restructuring process is expected to continue until August 15, 2025, with the goal of finalizing the deal documentation. This agreement is a significant step for Intercement, as it aims to stabilize its financial position and potentially return to profitability. The impact on Loma Negra's operations is expected to be minimal, as the company’s core business remains unaffected by the restructuring process.

References:
[1] https://www.tipranks.com/news/company-announcements/loma-negras-parent-company-intercement-reaches-restructuring-agreement
[2] https://valorinternational.globo.com/business/news/2025/07/18/camargo-correa-heirs-near-deal-to-sell-motiva-stake-to-bradesco.ghtml

Intercement Reaches Restructuring Agreement for Loma Negra

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