Correction: Geo Puts CCD on Ice

The January 28 daily brief item “Geo Puts CCD on Ice,” misstates the transaction that Mexico’s Geo has canceled. An MXP500m ABS was shelved. A Certificados de Capital de Desarollo (CCD) for its Geo Maquinaria unit, through Banorte and Santander, is still under consideration, says Hans Schroeder, GEO’s head of investor relations and corporate financial planning.