Citi Appointed Depositary Bank for Loma Negra C.I.A.S.A.’s Level III ADR Program

NEW YORK--()--Citi’s Issuer Services business, acting through Citibank, N.A., has been appointed by Loma Negra C.I.A.S.A., Argentina’s largest cement producer, as the depositary bank for its Level III American Depositary Receipt (ADR) program.

Loma Negra’s ADR program was established through a $1.017 billion initial public offering, originally priced at $19.00 per ADR. The ADRs are listed on the New York Stock Exchange under the symbol “LOMA.” Each ADR represents five shares of Loma Negra. Loma Negra’s underlying shares are listed on the Bolsas y Mercados Argentinos S.A.

“We are honored to be appointed depositary bank for Loma Negra’s ADR program,” said Dirk Jones, Head of Global Issuer Services at Citi. “We are confident that our powerful platform will help to deliver a high level of ADR service to Loma Negra and its shareholders.”

Citi is a leading provider of depositary receipt services. With depositary receipt programs in 61 markets, spanning equity and fixed-income products, Citi leverages its global network to provide cross-border capital market access to issuers, intermediaries and investors.

For more information about Citi’s Depositary Receipt Services, please visit www.citi.com/dr.

Loma Negra

Founded in 1926, Loma Negra is the leading cement company in Argentina, producing and distributing cement, masonry cement, aggregates, concrete and lime, products primarily used in construction, which is expected by the Company to be one of the fastest growing sectors of the Argentine economy in the coming years. Loma Negra is Argentina’s only national, vertically-integrated cement and concrete company, supported by vast limestone reserves, strategically located plants, top-of-mind brands and established distribution channels. The Company also owns a 51% equity stake in an integrated cement production plant in Paraguay, which is one of two leading cement producers in that country.

Citi

Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.

Additional information may be found at www.citigroup.com | Twitter: @Citi | YouTube: www.youtube.com/citi | Blog: http://blog.citigroup.com | Facebook: www.facebook.com/citi | LinkedIn: www.linkedin.com/company/citi

Contacts

Media:
Citi
Robert Julavits, 212-816-8020
robert.w.julavits@citi.com

Contacts

Media:
Citi
Robert Julavits, 212-816-8020
robert.w.julavits@citi.com