Karol Suarez
Special to Louisville Courier Journal
In a one-minute TikTok video last fall, drug traffickers on a rigid inflatable boat yelled to the pilot to speed up as a Customs Surveillance Service vessel of Spain took chase. The viral video, which got more than 1 million views, looked like a scene from the Netflix “Narcos” series. But it was a real, high-speed chase in the cartel drug wars.
Cartels have long used social media to shock and intimidate their enemies, said Howard Campbell, anthropologist and drug expert at the University of Texas at El Paso. It has proven to be an effective strategy,” he said. “The use of TikTok is just the latest phase of this phenomenon.”
Unifin swaps old notes for 2029 bonds
Unifin swaps old notes for 2029 bonds
February 4, 2021 Mexican financial services firm agrees to exchange $135 mln in 2023 and 2025 notes for debt it issued last month
BondsDebtCapital MarketsFixed IncomeMexicoUS Mexican financial services firm Unifin Financiera said Wednesday that it agreed to swap $135 million worth of 2023 and 2025 notes for the bonds it issued last month that mature in 2029.
Bondholders tendered $80 million in 7.25% 2023 bonds and $54.5 million in 7% 2025 bonds by the early deadline on February 2, but they did not offer any 7% 2022 notes, Unifin said in a statement.
The Mexico City-based firm announced a planned exchange for up to $200 million in outstanding bonds on January 20 and i