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Grupo Kuo Tender Reaches $230m

Dec 18, 2012

Mexico’s Grupo Kuo has received acceptance from holders of $230m, or 92.12%, of its $250m 9.75% 2017 bonds targeted in a tender offer,...

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The most pressing issue is related to guaranteeing this growth of the system, the savings. We have to guarantee that this growth is followed by better asset managers on the side of the Afores.

Carlos Ramírez, Mexico’s pension regulator, Consar


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