Mexcat bonds soar on buy-back plan

GLOBALCAPITAL INTERNATIONAL LIMITED, a company

incorporated in England and Wales (company number 15236213),

having its registered office at 4 Bouverie Street, London, UK, EC4Y 8AX

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions

Cookies Settings
Emerging Markets
EM LatAm

Mexcat bonds soar on buy-back plan

Oliver West
December 04, 2018 03:00 AM
Mexico City Airport Trust, Amlo, cancellation, LatAm, Mexico
Tuesday, November 2, 2018. Photo of Mexico City’s US $15-billion airport project which is about a third completed will be canceled by incoming president Andres Manuel Lopez Obrador in favor of converting an air force base and upgrading the existing airport. | Antonio Nava/Zuma Press/PA Images

Mexico City Airport Trust (Mexcat) bondholders finally found respite in secondary markets on Monday as the government-owned company, which had raised $6bn of debt for the now cancelled Texcoco airport, launched a tender offer and consent solicitation for the notes.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login

Topics

AmericasLatAm BondsEmerging MarketsLatAmSRIMexicoCentral AmericaLatin America
OW
Oliver West
US Bureau Chief - Latin America Editor
Contact
Gift this article