Mexico's Sanluis says restructures $291 mln in debt

Newswire

MEXICO CITY, Aug 21 (Reuters) - Mexican auto parts maker Corporacion Sanluis said on Wednesday it concluded negotiations with creditors in which it restructured all its direct debt amounting to $291.3 million. In a statement, Sanluis said the debt included a 2008 Eurobond and other European commercial paper. It gave no details of the terms of the restructurings. Sanluis in March reached a similar restructuring deal with creditor banks for debt principal totaling $234.3 million for its ...

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