Maxcom set for talks with PE and bondholders after missed payment

Mexican president Enrique Peña Nieto’s reform of the telecoms market appears to be coming too late to save bondholders of Maxcom from taking a write-down on their debt.

  • By Mark Baker
  • 19 Jun 2013
On Tuesday, the Mexico City-headquartered telco said it had not met a debt payment of roughly $11m, due June 17, on its 11% senior notes that mature in 2014. Maxcom will now use the 30 day grace period to continue discussions with a new investor, Ventura Capital Privado, ...

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