Homex’s Prison Deal No Match for Barclays Lawsuit

Homex’s Prison Deal No Match for Barclays Lawsuit

Susana Gonzalez/Bloomberg

Signs are increasing Homex will follow Urbi Desarrollos Urbanos SAB and Corp. Geo SAB in seeking to renegotiate debt as a shift in government policy to promote more capital-intensive apartments in urban areas over homes in commuter towns depletes cash in the industry.