Desarrolladora Homex, S.A.B. de C.V. announced that, based on the judicial authorization received on October 13, 2014, the company has signed the credit contract for a MXN 500 million, 10-year revolving credit facility, with Proyectos Adamantine, S.A. de C.V., SOFOM, E.N.R. Under the terms of the credit contract, the revolving facility will bear an annual interest rate of 12.0% in Mexican Pesos.
Desarrolladora Homex, S.A.B. de C.V.
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- Desarrolladora Homex, S.A.B. de C.V. Signs the Credit Contract for a MXN 500 Million, 10-Year Revolving Credit Facility