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Published on 7/9/2004 in the Prospect News Emerging Markets Daily.

Grupo Mexico repays $50 million of debt

Pittsburgh, July 9 - Grupo Mexico SA de CV repaid $50 million of debt owed to Banamex-Citibank, according to a company release.

With this payment, Grupo Mexico has reduced its debt by 80%, excluding debt of its subsidiaries.


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