Urbi Skips 2022 Payment

Urbi Skips 2022 Payment

Mexico Corporate & Sovereign Strategy

Urbi Desarrollos Urbanos would not make a $24.4m interest payment on its 2022 bonds due Monday, it says. The 2022s are one of three of the Mexican homebuilder’s bonds on which it has missed payments, joining the 2014s and 2020s. The miss was expected

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