By Elinor Comlay
MEXICO CITY, Feb 11 (Reuters) - Mexican glassmaker Vitro
said on Monday that it is in talks with its creditors in the
United States.
The company made the comment to Mexico's stock exchange in a
short statement that did not give further details. Vitro has
been fighting with creditors in the United States to win
recognition for the restructuring process the company completed
last year in Mexico. The company filed for bankruptcy in Mexico
in 2010.
Hedge funds Aurelius Capital Management and Elliott
International hold defaulted notes issued by Vitro subsidiaries
and they have led legal proceedings against
Vitro.
A lawyer for the creditors in Mexico could not immediately
be reached for comment.
Vitro shares were up 13.37 percent at 24.50 pesos in early
afternoon trading.
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