BUSINESSTHE RIO TIMES
Salinas Pliego’s TV Azteca Faces $400 Million U.S. Debt Lawsuit Pressure
TV Azteca defaulted on $400 million in unsecured notes issued in 2017, with total claims now reaching $500 million including unpaid interest. U.S. noteholders are pursuing the case in a New York federal court, where they recently secured a bid to expedite proceedings.
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