Grupo Radio Centro
Founded in 1946, Grupo Radio Centro (BMV: RCENTRO A) is one of Mexico’s leading radio broadcasting companies, engaging in the production and transmission of musical and entertainment programs, information and analysis, news, and special events. The company owns and operates approximately 30 radio stations (mostly FMs), eight of them in Mexico City, and one TV broadcasting station. It is considered Mexico City’s largest radio broadcaster, holding the top five FM broadcast stations, with a 54% market share.
ZIMMA was retained by Grupo Radio Centro to renegotiate the terms of a three-tranche public debt issuance totaling MX$1,651 million. The ZIMMA team, together with the company, was able to structure and successfully negotiate an appealing and feasible amortization schedule that was approved by all bond holders.