San Pedro Garza García, Nuevo León, México, August 25, 2010 - Vitro S.A.B. de C.V.(“Vitro” or the “Company”) (BMV: VITROA) announced today that the Bancomext Trust(the “Trust”), signed on November 3, 2008, has concluded the sale of non-productive real estate assets for US$63.8 million. The proceeds of such sale, plus US$5.5 million of the Company’s available cash, were applied to liquidate the Trust.
As of August 4, 2010, the Trust had an outstanding balance of US$69.3 million, including accrued interest.
2010-08-30T13:00:00Vitro Announces The Sale Of Non Productive Real Estate Assets Contributed To The Bancomext Trust. glassonweb.com