Mexico is intent on lightening Pemex’s gargantuan debt burden, but investors see government financial aid continuing beyond 2027
Category: Corporate & Sovereign Strategy
Posted inDaily Brief
Pemex may return to bond market in ‘medium term’
Mexico’s state-owned oil company outlines plan to restructure short-term liabilities before potential new issuance
Posted inDaily Brief
Bancolombia holding eyes new LatAm markets
Cibest plans to fund its investment program with cash but doesn’t rule out selling bonds, says CEO
Posted inDebt
Mexico returns to debt market to aid Pemex
Sale of close to $10 bln in debt securities could lead to a rating upgrade for oil company, as government helps it refinance liabilities
Posted inDaily Brief
YPF maxes out bond sale despite legal troubles
Argentine oil company presses ahead on growth plan even as US court case causes jitters
Posted inDaily Brief
Argentina puts water utility up for sale
Part of the state’s 90% stake in AySA will be sold to a strategic operator and the rest via an IPO
Posted inDaily Brief
Argentina moves to appeal YPF handover
US court admits sovereign’s legal challenges, though hurdles remain
Posted inDaily Brief
Argentina seeks to thwart YPF handover
Government files for stay as it prepares an appeal, arguing it can’t legally give over control of energy company
Posted inDaily Brief
Ecuador bond market return hinges on fiscal overhaul
Despite a rally in Ecuadorean bonds, the sovereign is still a good way from recovering access to the cross-border market
Posted inDaily Brief
Aconcagua readies debt restructuring offer
Argentine oil company, which aborted bond sale last month, says market conditions have made it more difficult to refinance debt