TV Azteca notified of early expiry of 2024 bonds

TV Azteca notified of early expiry of 2024 bonds

Bonds Debt Mexico Capital Markets Asset Management Telecoms

Mexican media company TV Azteca said Monday that it received a notice of the intention of early expiry for $400 million in 8.25% 2024 bonds from the bondholders' trustee, The Bank of New York Mellon. "The company has maintained a dialogue with the holders of the 2024 notes to reach an agreement that is favorable for all parties," TV Azteca said in a securities filing. It also said it has paid off MXN3.35 billion ($165 million) in debt over the past 18 months "to preserve a solid strategic, finan

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