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Prospect News home > News index > List of issuers Tenders > Headlines for 2005 > News item
Published on 5/4/2005 in the Prospect News Emerging Markets Daily and Prospect News High Yield Daily.

Mexico's TFM redeems remaining notes due 2009

By Reshmi Basu

New York, April 5 - Mexican freight railroad company Grupo Transportación Ferroviaria Mexicana, SA de CV (Grupo TFM) said redeemed the rest of its 11¾% bonds due June 15, 2009 that were not tendered in its offer to buy them.

On April 29, TFM paid $59.97 million, including principal and interest in exchange for the remaining bonds.


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