Bondholders agree to Idesa maturity extension

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Bondholders agree to Idesa maturity extension

Ployethylene, Idesa, Braskem Idesa, chemicals, car, 575, LatAm
Stanislav S. Vershinin/Станислав Вершинин - stock.adobe.com

After nearly two months of persuasion, Mexican petrochemicals company Grupo Idesa received the approval of its bondholders to push out some $300m of international bonds by six years and give major relief to its liquidity situation.

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