August 10, 2022 |
Mexican non-bank lender Unifin said it will miss upcoming debt payments because it faces "limited access to funding sources," according to a securities filing.
The company plans to open talks on restructuring with its creditors and expects to reach stand-still agreements in the near term "as well as implementing potential financing, refinancing, investment and capitalization transactions," it said in the filing on Monday.
The company has hired Rothschild & Co, AlixPartners, Sainz Abogados an
Mexican non-bank lender says its expects to reach stand-still agreements with creditors in the near term