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Miami, August 2, 2021 /PRNewswire/ – On June 18, 2021, Alpha Holding SA de CV, (“AlphaCredit” or “Company”) is a leading technical-supported financial services company, with 10% senior notes due in 2022 and 9% senior notes due in 2025 (“Group “).
Since the signing of the confidentiality agreement, the Group and its consultants have conducted many telephone and email exchanges with the company and its consultants. During this period, the two parties discussed various options for resolving AlphaCredit’s balance sheet, including (but not limited to) Potential restructuring transactions and new debt financing facilities will be provided by the Group or some of its members. The two parties exchanged various financing plans, and the term list recently submitted by the company is attached here as Annex 1. During the restricted period, the company shared the information contained in Annex 2 of this document (“Cleaning Materials”).
Chapter 11 cases concerning Alpha Latam Management, LLC, AlphaDebit SA de CV and some of its subsidiaries (“debtors”) operating in Colombia, these cases do not include AlphaCredit and its Mexican operating subsidiaries,…
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