Mexican conglomerate is looking to raise funds to pay down debt as the sale of Axtel takes longer than expected, CEO says
Author Archives: Rodrigo Alonso Cruz
Posted inDaily Brief
FHipo prepares 30-year bond sale in local market
Mexican REIT has hired Banorte, BBVA and HSBC to arrange the sale of $174 mln in 2051 notes in the coming months
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Volaris prepares local green bonds
Mexican low-cost airline wants to raise $75 mln to renew its fleet and reduce fuel costs
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Aeroméxico leases new planes despite bankruptcy
Mexican airlines expects to receive 12 aircraft from DAE in October but first needs approval from a court in New York
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Grupo Gigante borrows again to pay off debt
Mexican conglomerate borrows and restructures a total of $99 mln with Inbursa to refinance debt from three subsidiaries
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WhiteWater denies corruption claims
US midstream company says Mexico’s CFE has repeated “false statements” to the media since the start of arbitration for unpaid dues
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Mexico puts PPPs in third infrastructure package
Government plans to pursue 10 to 15 projects worth $3.5 bln in partnerships with private investors
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Mexico investigates WhiteWater for corruption
State-owned utility CFE says the US midstream company is under inquiry for “unnecessary” natural gas contracts
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Cemex outlines restart for plant in Dominican Republic
Mexican cement company plans to spend $20 mln to resume production at San Pedro de Macorís in late 2021 or early 2022
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BBVA structures sustainability-linked loan for Finsa
Spanish bank leads a $135 mln sustainability-linked syndicated loan for the Mexican real estate developer