Vitro Seeks Solution to Debt Restructurring Issue

June 26 (Bloomberg) -- Vitro SAB Chief Executive Officer Hugo Lara and Chairman Adrian Sada discuss the Monterrey, Mexico-based bottle company's $1.2 billion bond default in 2009 and the company's effort to restructure. A U.S. bankruptcy court rejected a bankruptcy plan approved in February by a Mexican court. Paul Singer's Elliott Management Corp. and other U.S. bondholders opposed the Mexican restructuring plan. They want bonds, a cash payment and 61 percent of Vitro's stock. They speak with Bloomberg's Brendan Case and Kambiz Foroohar for this feature article in the August issue of Bloomberg Markets magazine. (Source: Bloomberg)
What’s Driving the Auto Sales Surge?
02:43 - Edmunds.com Chief Analyst Jessica Caldwell and Kelley Blue Book Auto Analyst Karl Brauer examine July auto sales and how gas prices have affected the automobile industry. They speak with Bloomberg’s Matt Miller on “Bloomberg Markets.” (Source: Bloomberg)
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