Mexico's Urbi completes restructuring under bankruptcy protection

martes 16 de febrero de 2016 15:06 GYT

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)