Since last year, it was unavoidable for ICA to go into in-court restructuring and it happened this friday, when they requested it for five of their companies with a debt of 66,101 million pesos.

This monday, the once leading engineering company in Mexico informed the details for the proceeding and expect it to conclude next year and the stock structure will endure major changes. In the meanwhile, the company's shares were suspended by the Mexican Stock Market.

ICA presented a preliminary proposal to restructure their passives, considering a financial rescue, guaranteed and un-guaranteed debt, tax debt and between the group companies.

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