Mexico's Posadas poses tender question

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Mexico's Posadas poses tender question

Grupo Posadas, Mexico
A Mexicana airlines plane prepares to land at the Mexico City airport on Wednesday Nov. 30, 2005. Mexico's government-run airline holding company said that it had agreed to sell the country's No. 2 carrier, Mexicana, to the Grupo Posadas hotel chain for US$165.5 million (141.2 million), plus debt and other financial considerations.(AP Photo/Marco Ugarte) | MARCO UGARTE/AP/Press Association Images

Mexican hotel operator Grupo Posadas is looking to buy back its 7.875% 2017s via a tender offer.

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