TV Azteca, in bond dispute, posts strong Q4 results

Mexican broadcaster TV Azteca, which missed a coupon payment on its international bond earlier this month amid plans for a 'debt reorganisation', surprised analysts by posting strong fourth quarter results this week.
On February 9, TV Azteca — which is owned by controversial Mexican billionaire Ricardo Salinas Pliego — failed to make a $16.5m payment on its $400m of 8.25% August 2024s. The firm hired Moelis & Co and Alfaro, Dávila y Scherer to advise on what it is
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