Chile’s Alsacia says investors on board for restructuring as authorities blamed

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Chile’s Alsacia says investors on board for restructuring as authorities blamed

Chile, Latin America
Aerial view of a city with mountain in the background, Andes, Santiago, Chile | bmonteny@theshipfactory.com/bruno135_406 - Fotolia

Santiago de Chile bus operator Inversiones Alsacia missed a payment due on its dollar bonds on Monday and said it had reached the beginnings of a restructuring agreement with bondholders. The issuer went on to launch a scathing attack on Chilean authorities for changes in the concession that led to its weak financial position.

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