Maxcom Sweetens Terms, Hints at Restructuring

Maxcom Sweetens Terms, Hints at Restructuring

Mexico Bonds Equity

In the hopes of meeting a June coupon payment, Maxcom Telecomunicaciones has improved the terms on its bond tender offer, it says, and extended the deadline to April 24. The 2020 bonds being offered will now pay 7.0% during the first three years, 8.0% during the following two years and 10.0% during the final two years - in place of the previous step-up from 6.0% to 8.0%. The telecom is offering the 2020s in exchange for its outstanding 11.0% 2014 bonds. As of Wednesday, it had received acceptanc

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