Mexican integrated steelmaker Altos Hornos de Mexico (AHMSA) is considering listing once again at the country’s stock exchange, Bolsa Mexicana de Valores (BMV), the company said this week in a document filing.
According to the local steelmaker, it has hired Actinver Casa de Bolsa to help with the relisting process. AHMSA said it “believes” that thanks to the help of Actinver it could “soon return” to the local stock exchange.
AHMSA’s shares were suspended in 1999 from trading on both the New York Stock Exchange (NYSE) and BMV after the company said it obtained a court order to halt payment of $1.9 billion in debt.