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Mexico's Secretariat of Communications and Transportation (SCT)
Due to the nation’s financial crisis of 1994, the Mexican satellite system, part of a company called SATMEX, began to suffer from a lack of liquidity. As a result, SCT was presented with a proposal to sell all of the company’s stock. As an alternative, the offer was made to issue a bond for US$500 million.
Sell-side advisory
![](https://zimma.com.mx/wp-content/uploads/2020/10/satmex-190x134-1.jpeg)