TV Azteca said on Monday it had received notice of the intention for early expiry by holders of $400 million in notes, which are due to mature in 2024, issued by the Mexican media group. The group, which is controlled by Mexican business magnate Ricardo Salinas Pliego, had postponed a coupon payment on the notes which was due in February 2021, citing a difficult media landscape aggravated by the coronavirus pandemic. TV Azteca said in a Mexican stock exchange release that it had received the notification from Bank of New York Mellon, trustee for the noteholders.
TV Azteca said on Monday it had received notice of the intention for early expiry by holders of $400 million in notes, which are due to mature in 2024, issued by the Mexican media group. The group, which is controlled by Mexican business magnate Ricardo Salinas Pliego, had postponed a coupon payment on the notes which was due in February 2021, citing a difficult media landscape aggravated by the coronavirus pandemic. TV Azteca said in a Mexican stock exchange release that it had received the notification from Bank of New York Mellon, trustee for the noteholders.
(Bloomberg) -- The UK could be on the brink of a housing revolution to rival Margaret Thatcher’s council house sell-off in the 1980s. It may prove just as divisive.Most Read from BloombergChina Likely Fired Missiles Over Taiwan in Drills, Japan SaysHow a Celebrity CEO’s Rule of Fear Helped Bring Down Hot Startup ZilingoSneakerhead Accused of Running Huge Air Jordan Ponzi SchemePlans by the ruling Conservative Party, including possible 40-year fixed-rate mortgages, are the latest part of the “pro