E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 8/3/2006 in the Prospect News Emerging Markets Daily and Prospect News High Yield Daily.

TMM to convene shareholders to approve $200 million securitization; proceeds to redeem 2007 notes

By Laura Lutz

Des Moines, Aug. 3 - Grupo TMM SA has called a shareholders meeting for Aug. 18 to seek approval of a planned $200 million securitization with Deutsche Bank.

The proceeds from the deal would be used to redeem the company's outstanding 2007 senior notes and to fund capital projects.

TMM is a Mexico City multimodal transportation and logistics company.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.