Mexican Entertainment Company CIE has recently announced that it has successfully restructured a 5.6 billion peso ($441 million) debt, extending maturities by five years.

CIE had some 2.6 billion pesos in the domestic instruments and another 3 billion pesos worth of bank loans, some of the loans are in dollars that required to be restructured to improve its financial health in the country.

The company, which runs the Mexico City horse track and bingo halls all over the country, has decided to pay the TIIE inter-bank rate plus 3 percent points for peso-denominated debt and LIBOR plus 3 percentage points for dollar-denominated debt.

However, no additional information was revealed by the company on this issue.

CIE's low-liquidity shares last traded on Wednesday, when they closed at 6.8 pesos each.