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Mexico: Bancomext provides second bailout for state-owned telecom company Altán Redes

Description

In 2022, the Mexican Eximbank Bancomext approved a second USD 100 million bailout for a telecommunications company. According to news reports and a previous bailout reported by Bancomext in June 2022,...

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Intervention Details

Intervention Type

Debt purchase

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

31 Dec 2022

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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