Credito Real Bondholders Tap Adviser for Restructuring Talks (1)

A group of Credito Real SAB bondholders has engaged Los Angeles-based investment bank Houlihan Lokey Inc. to help advise them in restructuring talks with the Mexican shadow lender, according to people with knowledge of the matter.

Credito Real has begun to reach out to bondholders and is expected to begin restructuring talks with them shortly, one of the people said. Doubleline Capital LP is among the firms with a sizable position in Credito Real’s bonds, said the people, who asked not to be identified because they aren’t authorized to speak publicly.

Representatives for Credito Real and Houlihan declined to comment. ...