Mexico City airport investors prepare for litigation

Mexico City airport investors prepare for litigation

Debt Corporate & Sovereign Strategy Economy & Policy Project & Infrastructure Finance Mexico

Bondholders who invested in the construction of a new airport in Mexico City have started to move towards taking legal action before the end of the month, sources told LatinFinance. President-elect Andrés Manuel López Obrador last month cancelled the $13.3bn project, based on the results of an informal referendum, although the airport was already under construction and the state-owned operator GACM had already issued $6bn in bonds.  The US law firm Paul Hastings, which advised investors on GACM'

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