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Desarrolladora Homex, SAB de CV Message Board

  • stocktracker000 stocktracker000 Jun 20, 2013 7:52 PM Flag

    So! It's BK?????

    Just read that HXM missed interest payment and hired JP Morgan about a months ago as financial advisor....

    It does not look good! I wonder how could they miss interest payment when they sold assets couple months ago for significant amount of money. I guess money went down the rat hole....

    Mexican gov't is not helping the matter indicating that they want HXM to go BK based on some articles. All indications are that this ones head to voluntary chap 11...

    Good luck to all and do your due diligence always...

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