Restructuring Strategies for Mexican Eurobond Debt
Darrow, Duncan N., Darrow, Peter V., Doetsch, Douglas A. & Jauregui-Rojas, Miguel
Abstract
Unless the international capital markets become widely receptive to refinancing Mexican Eurobonds, by early to mid 1996, the holders of these Eurobonds - Mexico's new "bondholder constituency" - may find themselves at the center of a restructuring process encompassing a significant portion of the $13 billion of Eurobond debt outstanding. This article discusses strategies for restructuring.