GCC says talks with creditors continue

GCC says talks with creditors continue
Published: 10 June 2009

Mexican cement maker Grupo Cementos de Chihuahua (GCC), said Tuesday that it is still in talks with creditors in relation to outstanding debts.

In a filing with the Mexican Stock Exchange, GCC said it will "continue negotiating with a view to reach a satisfactory agreement" with creditors.

The company also said it has obtained a four-year, $30-million revolving line of credit with government export development bank Bancomext.