GCC says talks with creditors continue

GCC says talks with creditors continue
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.
Published under Cement News