Mexico - 02

Mexico: CNH Issues Modified Round One Terms

On 4 August CNH announced further modifications to both the eligibility requirements for Round One and the contract terms offered by the federal government. CNH President Juan Carlos Zepeda stated at a press conference that the aim of these changes is “to present new alternatives [and] a package of more open guarantees and with new instruments” to provide greater flexibility for investors. Notably, one of the most salient improvements to the bid requirements is that companies that are part of a consortium will be allowed to make bids for blocks with the consortium as well as individually.

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