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FONACOT Issues MX$3.7 Billion Bonds to Boost Credit Access
By MBN Staff - Thu, 11/14/2024 - 08:05
FONACOT issued MX$3.7 billion in bonds to provide low-cost financing to 470,000 workers, reaffirming its commitment to financial accessibility.

https://mexicobusiness.news/tag/fonacot
More Oil & Gas
How a Strong Finance Department Benefits Employees
By José Escobedo - Thu, 10/24/2024 - 11:00
Taking care of employee interests fosters a sense of belonging between the employee and the company, says Fernando Hernandez.
Sheinbaum Administration Aims to Address AHMSA Crisis
By Paloma Duran - Thu, 09/05/2024 - 13:40
The new government will focus on finding solutions to the AHMSA crisis, with a particular focus on supporting workers.

AHMSA Enters Bankruptcy Phase
By Paloma Duran - Thu, 08/15/2024 - 17:54
Since the company was unable to secure an agreement, it has entered bankruptcy. However, discussions with investors continue.
AHMSA Seeks New Investors to Resume Operations
By Paloma Duran - Mon, 07/08/2024 - 14:00
AHMSA has a debt exceeding US$600 million and requires at least US$350 million to restart a plant that has been inactive since 2023.

AHMSA Closure Triggers Supplier Shutdown in Coahuila
By Paloma Duran - Mon, 05/13/2024 - 15:55
Employment losses have led to a search for alternatives to reduce Coahuila's dependence on the steel and coal sectors.
AHMSA's Closure Leaves a 4Mt Steel Void
By Fernando Mares - Thu, 04/04/2024 - 10:30
To compensate for the decrease in domestic steel production due to AHMSA's closure, the Mexican industrial sector boosted imports.