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Housing Pessimists Chew On Metrofinanciera: Company puts figure on money owed to the trusts

Over Thanksgiving break, Mexico's Metrofinanciera dropped a huge turkey on the laps of its bond investors, roughly Ps4.19 billion ($308.3 million) worth. That's how much the company revealed it owed the financial trusts of its securitized debt as of the end of the third quarter. The disclosure put a firm...

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