Mexico

Results for Mexico

Bank of Mexico’s Agustín Carstens Leaving to Lead Bank for International Settlements

Bank of Mexico Gov. Agustín Carstens will step down in July to become general manager of the Switzerland-based Bank for International Settlements, The Wall Street Journal reported. Mr. Carstens will assume the post, which carries a five-year term, in ...

Daily Headline - global.abi.org - 12/01/2016 - 22:24 - 0 comments

Debt-Laden Mexican Builder ICA Names New CEO Tasked With Restructuring

Mexico's embattled construction firm ICA said on Thursday it has named Guadalupe Phillips as its new chief executive officer, tasked with its ongoing financial restructuring. ICA, struggling under a high dollar-denominated debt load and a dwindling ...

Daily Headline - global.abi.org - 11/03/2016 - 20:33 - 0 comments

Mexico Finance Head Assured on Debt Plan Even With Rate Rise

Ratings and Moody’s Investors Service, given its plan to have a primary surplus of 0.4 percent of gross ...

Daily Headline - abi_admin - 09/30/2016 - 13:42 - 0 comments

Mexico's America Movil Eyes Acquisition Of Brazil Rival Oi

America Movil SAB is interested in acquiring some or all of the operations run by struggling Brazilian rival Oi SA, the chief executive of the Mexican telecom giant said in a newspaper interview published on Wednesday. Brazilian paper Valor Economico rep ...

Daily Headline - global.abi.org - 09/21/2016 - 22:05 - 0 comments

Mexico's Urbi Sees Income Of $103 Million In 12 Months, $1.57 Billion In 5 Years

Mexican homebuilder Urbi said on Monday it expects to generate income worth roughly 1.9 billion pesos ($103.08 million) in the 12 months following its latest cash injection, and 29 billion pesos ($1.57 billion) over the next five years, Reuters reported. ...

Daily Headline - global.abi.org - 07/04/2016 - 21:50 - 0 comments

The Emerging Markets Restructuring Journal Debut Issue

The Emerging Markets Restructuring Journal, founded by Cleary Gottlieb lawyers and featuring contributions from colleagues and advisors around the world, focuses on emerging markets restructuring law and practice. The publication aims to gather cutti ...

Resource Article - twallace@abiwor... - 06/28/2016 - 12:30 - 0 comments - 0 attachments

Mexico’s ICA Obtains Loan, Unveils Downsizing Plan

Struggling Mexican construction company Empresas ICA SAB said Friday it has secured a $215 million loan to fund current and future work as it outlined a plan to become a much leaner company, The Wall Street Journal reported. ICA, which has $1.35 bill ...

Daily Headline - global.abi.org - 06/19/2016 - 21:11 - 0 comments

Mexico’s ICA Obtains Loan, Unveils Downsizing Plan

Struggling Mexican construction company Empresas ICA SAB said Friday it has secured a $215 million loan to fund current and future work as it outlined a plan to become a much leaner company, The Wall Street Journal reported. ICA, which has $1.35 bill ...

Daily Headline - global.abi.org - 06/19/2016 - 21:08 - 0 comments

Mexico Delivers Unexpected Rate Rise With Eye On Inflation

Mexico’s central bank raised the key lending rate by half a point to 3.75 per cent at an extraordinary meeting on Wednesday in an attempt to nip in the bud the prospect of rising inflation, the Financial Times reported. The bank — which followed the ...

Daily Headline - global.abi.org - 02/17/2016 - 21:11 - 0 comments

Abengoa's Mexican Unit Misses Interest Payments to Noteholders

Abengoa SA, the Spanish renewable energy company that has filed for creditor protection, missed interest payments to noteholders in Mexico, Bloomberg News reported. Abengoa de Mexico SA investors were due 1.16 million pesos ($70,000) on Thursday, financi ...

Daily Headline - global.abi.org - 11/29/2015 - 17:13 - 0 comments

Syndicate content