NHG advised bondholders and common representatives of GICSA

NHG advised the bondholders and common representative of GICSA-15, GICSA-17, and GICSA-19 in the bond restructure process.

The restructure will allow Grupo GICSA to reach a sustainable capital structure that maximizes the value for all stakeholders of the company and gives Grupo GICSA a better financial position in the long term.

NHG advised three different bondholder series simultaneously and advised to change the position of the bondholders from unsecured creditors to secured creditors of Grupo GICSA.