Fitch, which also reduced the lessor’s long and short-term national scale notes to “D(mex)” from “RD(mex)”, explained in a statement that “the downgrades reflect that (the company) is in the process of a bankruptcy proceeding.
In a statement issued on November 8, Unifin reported that it was forced to anticipate a bankruptcy requirement to “protect” its assets against possible legal proceedings and that it seeks to negotiate with creditors and advisers “as soon as possible” a plan of restructure its liabilities.