Mexcat bondholders could spurn Amlo’s tender first move

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Mexcat bondholders could spurn Amlo’s tender first move

PA_Lopez_Obrador_Mexico_230
Andres Manuel Lopez Obrador (AMLO) of the Democratic Revolution Party (PRD) party during the Zocalo meeting, September 9, 2012 in Mexico city, Mexico. The former presidential candidate of the left opposition party said that in this new stage of his life he will devoted all his imagination and work to transform Mexico from Morena. Photo: Susana Gonzalez/dpa/ef | Susana Gonzalez/DPA/PA Images

Mexico’s new government acted swiftly to show that it would at least engage with financial markets this week. But investors' reaction to a tender offer for Mexico City airport bonds suggested it was the beginning of a troublesome relationship.

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