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Organization: Urbi Desarrollos Urbanos

The issuer's bonds defaulted in 2014
Full name of organization
Urbi Desarrollos Urbanos S.A.B. de C.V.
Country of risk
Mexico
Country of registration
-
Industry
Construction and development
Credit ratings
in foreign currency
  • M/S&P/F
    -/-/-
Bond 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
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 Company’s 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.

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