Aeroméxico mulls restructuring options

Aeroméxico mulls restructuring options

Debt Mexico US Regulation Loans Bonds

Mexican airline Aeroméxico said Friday that it is considering ways to carry out an "orderly restructuring" of its short- and medium-term debt and added that it is looking for additional sources of financing. Shares in Aeroméxico fell 4.58% to MXN6.69 ($0.30) after local newspaper El Financiero reported that the airline was preparing to file for Chapter 11 bankruptcy in the United States. The newspaper identified Citi and White & Case as Aeroméxico's advisers on the bankruptcy proceedings. Ae

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