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Grupo Posadas Receives Court Approval to Comprehensively Restructure Debt

Press release content from PR Newswire. The AP news staff was not involved in its creation.

New yorkUnited statesFrancisco galindoJose carlos azcarragaMuellery nicolauGrupo posadasPrnewswire grupo posadasLive aqua residence clubMexican stock exchangeUs bankruptcy courtCleary gottlieb steen hamiltonBankruptcy courtSouthern districtExisting notesChief executive officerCleary gottlieb steen

Grupo Posadas to Achieve Sustainable Capital Structure and Remain Mexico s Leading Hotel Operator

/PRNewswire/ Grupo Posadas S.A.B. de C.V. (BMV: POSADASA) (the "Company") today announced that it has advanced its previously announced debt restructuring.

New yorkUnited statesFrancisco galindoJose carlos azcarragaMuellery nicolauGrupo posadasCleary gottlieb steenPrnewswire grupo posadasLive aqua residence clubMexican stock exchangeCompany plan of reorganization theUs bankruptcy courtBankruptcy courtSouthern districtChief executive officerExisting notes

Grupo Posadas to Achieve Sustainable Capital Structure and Remain Mexico s Leading Hotel Operator

/PRNewswire/ Grupo Posadas S.A.B. de C.V. (BMV: POSADASA) (the "Company") today announced that it has advanced its previously announced debt restructuring.

New yorkUnited statesFrancisco galindoJose carlos azcarragaMuellery nicolauGrupo posadasCleary gottlieb steenPrnewswire grupo posadasLive aqua residence clubMexican stock exchangeCompany plan of reorganization theUs bankruptcy courtBankruptcy courtSouthern districtChief executive officerExisting notes

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