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Urbi Desarrollos Urbanos

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The issuer's bonds defaulted in 2014
Organization name
Urbi Desarrollos Urbanos S.A.B. de C.V.
Country name
Mexico
Country of registration
Mexico
Industry
Domestic and Commercial Construction
Public debt
950 mln USD
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Profile

Urbi Desarrollos Urbanos S.A.B. de C.V. is a Mexico-based home developer. Its business is divided in two units: housing development, engaged in land acquisition and design, the construction and marketing of low-rise residential housing, as well as residential tourist housing, and housing related activities, including investments in land for commercial purposes, large scale planned projects, housing furniture and equipment and financial services. The Companys projects are supported by two information technology (IT) platforms: UrbiNet and UrbiNova, which maintain the scalability of operations. During 2008, the Company initiated operations in five new cities Aguascalientes, Cancun, Irapuato, Mazatlan and San Luis Potosi.

Awards

News

31/01/2012 New bond issue: Urbi Desarrollos Urbanos sells USD 500m in 2022 bonds with 9.750% coupon
14/01/2010 Mexican developer Urbi Desarrollos Urbanos sells $300m in 10-year Eurobonds
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Documentation

IFRS/US GAAP reports

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2019
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2018
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Codes

  • SIC
    1521 Single-family housing construction
  • NACE
    *** ***
  • NAICS
    *** ***
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