PDA

View Full Version : Mexico Corporate Debt Default to Surge, JPMorgan Says - Bloomberg



NewsWhore
04-23-2009, 03:10 PM
<img alt="" height="1" width="1">
Mexico Corporate Debt Default to Surge, JPMorgan Says (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3DaWTT2wy.5gcs%26refer%3Dhome&cid=1339776922&ei=9L7wSYSBMJCA7QPzxdWADA&usg=AFQjCNGKCUFKyFEoVSuqGKI00zSnHpeIuw)
Bloomberg
Declining revenue amid slumping demand and losses stemming from currency derivatives forced Mexican papermaker Corporacion Durango SAB to file for bankruptcy in October and glassmaker Vitro SAB to default on more than $1.2 billion of debt last month. ...


More... (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3DaWTT2wy.5gcs%26refer%3Dhome&cid=1339776922&ei=9L7wSYSBMJCA7QPzxdWADA&usg=AFQjCNGKCUFKyFEoVSuqGKI00zSnHpeIuw)