Investors grow in opposition to Mexico City airport bond buyback

Investors grow in opposition to Mexico City airport bond buyback

Bonds Capital Markets Corporate & Sovereign Strategy Economy & Policy Project & Infrastructure Finance Politics Mexico

Investors are increasingly opposed to the Mexican government's offer to buy back bonds issued to finance a new airport in Mexico City, according to the law firm Hogan Lovells. The ad-hoc group now represents more than half of the $6bn in bonds issued, Hogan Lovells said in a press release. The group previously had over 50% of one of the series of notes from the Mexico City Airport Trust, or Mexcat. The state-owned airport operator GACM sold $6bn in bonds to help finance the $13.3bn airport proje

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