Industria Electrica de Mexico
| Company Deal | Industria Electrica de Mexico, S.A.: reorganization and financing |
|---|---|
| Transaction Type | Common Shares |
| Deal Description | Industria Electrica de Mexico S.A. used the proceeds from this transaction to prepay the remaining principal sum owed on its 6% prior mortgage bonds and to pay 50% of the unpaid cumulative dividends accrued on the preferred shares. Any remaining proceeds were used to reduce bank loans. |