Grupo TMM's Debt Mostly Denominated in US Dollars

Grupo TMM (OTC: GTMAY) is a Mexican conglomerate that has filed an annual report. According to the report, most of the company's debt is denominated in US dollars.

The report notes that references to 'Dollars' or 'dollar' are to United States Dollars, and that translations of Dollar amounts into Pesos are provided solely for convenience. These translations should not be taken as representations that the Dollar amounts actually represent such Peso amounts or could be converted at the indicated rates.

The report does not provide further details on the company's debt structure or financial situation.