Geo Coupon Miss Raises $700m Acceleration Fears

Geo Coupon Miss Raises $700m Acceleration Fears

Mexico Bonds Corporate & Sovereign Strategy

Ratings agencies have cut Corporacion Geo’s debt rating after the company missed a $2.3m coupon due on Friday on a $400m local bond. Moody’s expects Geo will not pay the coupon in the five day grace period, and that the non-payment will trigger defau

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