Distressed Famsa gives bondholders more time

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Distressed Famsa gives bondholders more time

Mexico, skulls, Famsa, shop, retail, day of the dead, San Miguel de Allende, LatAm, restructuring, default
San Miguel de Allende, Mexico - January 13, 2019: Decorated colourful skulls at street market in San Miguel de Allende, Mexico, Day of Dead (Dia de los Muertos) concept. | Rodrigo M. Nunes/R.M. Nunes - stock.adobe.com

Mexican retailer Grupo Famsa has pushed out the early-bird deadline on a distressed debt exchange, saying it wants to give bondholders more time to analyse its proposal.

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