Kaltex restructuring getting likelier, says Fitch

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Kaltex restructuring getting likelier, says Fitch

Oliver West
March 26, 2019 02:15 am
Mexico, sombrero, hat, textiles, Kaltex, fabric, LatAm
A traditional Mexican Sombrero and serape blanket on a yellow background with copy space | Michael Flippo - stock.adobe.com

Fitch Ratings slashed the rating of Mexican textiles company Kaltex by three notches to CC on Monday, warning that the issuer could soon look to restructure its $320m senior unsecured notes maturing in April 2022.

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Oliver West
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