Mexico City, Oct 7 - Mexican retailer Comercial Mexicana said on Tuesday it is in talks with creditors to meet debt obligations in foreign currencies as recent peso weakness has increased the amounts it owes.
Comerci, the No. 3 retailer in the Mexican market, becomes the country's first large listed company to publicly disclose debt troubles due to the financial crisis hitting markets worldwide.
The company's shares fell more than 14 percent to 16.30 pesos shortly before market close.