AlphaCredit sets timetable for sale

AlphaCredit sets timetable for sale

Bonds Debt Mexico Capital Markets Digital Payments Technology

Mexican financial technology firm AlphaCredit expects to sell its local business within four months after authorities approve its restructuring plan, it said in a presentation on Thursday. There are 29 potential buyers that are interested in AlphaCredit's assets, the company said without naming possible bidders. It added that it will be able to set milestones after it begins bankruptcy proceedings. AlphaCredit filed for bankruptcy in December, but a court in Mexico City dismissed the request on

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial