Unifin, Creditors Back 90-Day Extension of Restructuring Process

Unifin says the company and creditors representing more than 86% of recognized debts requested a 90-day extension of the restructuring process, according to a filing.

• This will be the second and final extension
• Extension will allow company and interest groups to finish negotiations regarding terms of restructuring proposal, followed by signing and approval, Unifin said
• NOTE: Unifin to Continue Effort for Restructure Deadline Extension
• NOTE: Unifin Says Shareholders Approve MXN4.8B Exit Financing Plan

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Jose Orozco in Mexico City at jorozco8@bloomberg.net

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