Cemex Proposes $14.5 Billion Debt Restructuring Plan (Update1) (Bloomberg)

June 30 (Bloomberg) — Cemex SAB , the largest cement maker in the Americas, submitted a proposal to creditors that aims to extend maturities on $14.5 billion of debt.

US cuts Indonesian debt for forest protection (AP via Yahoo! News)

Indonesia committed to the conservation of its dwindling tropical forests in a multimillion dollar debt-swap deal signed Tuesday with the American government, the U.S. Embassy said.