AlphaCredit Says It Entered Bankruptcy Proceedings in Mexico

Mexican payroll lender Alpha Holding SA, known as AlphaCredit, and related companies had a pre-pack petition accepted by a Mexico City bankruptcy judge this week, the company said in statement late Tuesday.

• Alpha Holding SA, AlphaCredit Capital SA and Acercandonos API were declared in so-called “concurso mercantil” bankruptcy proceedings on April 4 by the First District Court in Bankruptcy Proceeding Matters, the company said
• NOTE, Jan. 7: AlphaCredit May Appeal Mexico Court Bond Restructuring Rejection

To contact the reporter on this story:
Michael O’Boyle in Mexico City at moboyle7@bloomberg.net

To contact the editors responsible for this story:
Eric J. ...