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Emerging MarketsEM LatAm

Mexcat amends offer in damage control exercise

Aeromexico, Mexico, airport, Amlo, LatAm

Mexico City Airport Trust (Mexcat) offered an improved deal to bondholders this week as it seeks to make the documentation changes necessary to allow it to cancel its Texcoco airport project, but analysts said the new government has a long way to go before regaining the trust of markets.

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