March 26, 2020
Mexican mass media group Televisa said on Tuesday evening that it drew MXN14.8 billion ($607 million) from a local revolving credit line to "preserve financial flexibility in light of current uncertainty in the global markets resulting from the COVID-19 outbreak."
Likewise, real estate developer Corporación Inmobiliaria Vesta said it took $85 million from a three-year revolver for $125 million.
Televisa's revolver matures in March 2022 and charges 87.5 basis points over the TIIE interbank lendin
Mexican mass media company takes $607 mln from a local revolver, while real estate developer gets $85 mln