In the Headlines
May 23, 2016

Union Pact will Improve CFE

Quadratín Michoacán

The new Collective Bargaining Agreement with the CFE could reduce labor liabilities by a substantial amount, which analysts say will provide the electric company with a better credit rating. Attorney Jose Antonio Prado said they may also gain access to capital on better terms, and this should lead to reassessment, though it may not necessarily be immediate.

READ: Union Pact will Improve CFE (en español)

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