MEXICO CITY - (Business Wire) Desarrolladora Metropolitana, S.A. de C.V. ["DeMet" or the "Company") (ISE:5BBDQN5) announces the release of its 2008 audited financial statements and the hosting of a conference call for all creditors to discuss the financial results and progress on its previously announced restructuring plan. The financial statements are available through DF King. To receive the statements, and to be able to participate in the call, bondholders must first register with D.F. King & Co. by calling or emailing Renee Baiorunos at 212-269-5694 or rbaiorunos@dfking.com. The call will be held on Thursday, November 12 at 11:00 am EST. For access to the call bondholders must have pre-registered by 5:00 pm EST on November 10; DF King will email registered bondholders with call-in information prior to the call. Replays of the call will be available until 5:00 pm EST on November 25. DeMet is a vertically-integrated Mexican housing development company. The Company is engaged in the development, marketing and sale of affordable entry-level and low middle-income housing in Mexico City and in the greater Mexico City metropolitan area.
Heritage Capital Latin America is a subsidiary of Heritage Capital and Banque Heritage, focused on providing investment banking services, including capital markets and corporate finance advisory, to companies in Latin America.
Execution Finance is an independent Mexican investment banking boutique focused on providing strategic financial advisory and M&A advisory services as well as structuring debt and equity capital markets transactions for its clients.
Holders of DeMet's financial debt are encouraged to contact the following with any questions:
DeMet
Ernesto Charvel, Planning and Investor Relations, at echarvel@demet.com.mx or 52-55-5267-4769
HCLA (restructuring advisor to DeMet)
Enrique Bustamante at demetinfo@heritagecaplatam.com or 212-380-7842
Peter Miller at demetinfo@heritagecaplatam.com or 212-380-7842 or 212-877-0698
Exefin (restructuring advisor to DeMet)
Javier Najera at jnajera@executionfinance.com or 52-55-2167-9650
Pablo Pena at ppena@executionfinance.com or 52-55-2167-9650
DF King (information agent)
Thomas Long at tlonq@dfkinq.com or 212-493-6920
Ed McCarthy at emccarthy@dfkinq.com or 212-493-6952
This announcement is for informational purposes only and is not a solicitation of consent with respect to any securities of the Company.
Desarrolladora Metropolitana, S.A. de C.V.
Ernesto Charvel, 52-55-5267-4769
Planning and Investor Relations
echarvel@demet.com.mx
http://www.demet.com.mx
