16 de febrero de 2016 / 19:09 / hace 2 años

Mexico's Urbi completes restructuring under bankruptcy protection

MEXICO CITY, Feb 16 (Reuters) - Mexican homebuilder Urbi on Tuesday said it will start expanding its business again after completing a restructuring under bankruptcy protection.

The company, once Mexico’s No. 3 homebuilder, was forced to follow its larger peers Homex and Geo and restructure its outsize debt load after sales of their cheap, single-unit homes slumped. (Reporting by Elinor Comlay)

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