Mexico
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Mexican firm to repurchase over 90% of only outstanding international bond
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Departure from Grupo Alfa means higher refi risk, says Moody’s
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Post-pandemic recovery will keep lagging peers
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Suppliers who participated received 96.2% of their claims
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Analysts expect Mexican cement company to continue to slash debt
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In tricky conditions, Pemex suppliers have a further $400m of the company’s bonds to offer market by July
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Brazil’s Vale and Peru’s Volcán look to repurchase bonds
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More LatAm issuers could buy back long-dated debt after price slump
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Mexican chemicals firm had offered to buy back $40m of bonds but upped the deal
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Mexico looks for yen sustainability bond
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The textile firm has appointed an investment bank to try and restructure its debt