Mexico’s Deadly Teacher Protests Mask Threat to Payroll Lender

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  • Eight dead in clashes as union fights threat to teachers’ jobs
  • As much as half Credito Real’s revenue is loans to teachers

Mexico’s government wants to fire educators who fail new evaluations. That may be bad news for bondholders of payroll lender Credito Real SAB, which gets as much as half of its revenue from teachers.

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