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Emerging Markets

Salinas Pliego’s TV Azteca Faces $400 Million U.S. Debt Lawsuit Pressure

The Rio Times · 2h ago · 🇧🇷 Brazil

Salinas Pliego’s TV Azteca Faces $400 Million U.S. Debt Lawsuit Pressure

Mexico · Business Key Facts —The debt. TV Azteca defaulted on $400 million in unsecured notes issued in 2017, with total claims now reaching roughly $500 million including unpaid interest. —The venue. US noteholders are pressing the case in a New York federal court, where they recently won a bid to speed up proceedings after […] The post Salinas Pliego’s TV Azteca Faces $400 Million U.S. Debt Lawsuit Pressure appeared first on The Rio Times .

Read the full story at The Rio Times →

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