Kaltex slips as Fitch issues liquidity warning

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Emerging Markets
EM LatAm

Kaltex slips as Fitch issues liquidity warning

Oliver West
March 28, 2019 10:30 pm
Mexico, fabric, textiles, Kaltex, LatAM
Close up of mexican colorful traditional fabric | Sal Burciaga/iodrakon - stock.adobe.com

Fitch has slashed the rating of Mexican textiles company Kaltex by three notches to CC, 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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