Mexican oil producer Pemex gets $1.75 billion with a groundbreaking perpetual bond that draws mainly Asian investors.
Category: Mexico
Leading the Pack
Mexico’s anemic banking industry is back in shape and ready to grow, possibly at surprising rates. One bank in particular is especially well positioned: BBVA Bancomer.
On the Home Front
Sane macroeconomic policies and government planning have boosted real estate investment in Mexico. Other countries should follow its lead.
A Young Man with a Mission
Guillermo Babatz wants to revolutionize Mexico’s mortgage industry and reshape the country’s capital markets, too.
On Guard for Labor
Mario Gabriel Budebo’s job at the head of Mexico’s pension fund regulatory agency has him advocating for a single, but powerful, constituency: organized labor.
Staying the Course
Mexico’s director of public credit, responsible for managing the country’s debt issuance, embodies Mexico’s culture of continuity in economic policy.
The Stability Dividend
Vicente Fox promised radical reforms to restructure the economy – then failed to deliver. Despite political disarray, Mexico’s financial system keeps growing.
Kings of the Capital Markets
Citigoup is the best investment bank and Cleary, Gottlieb is the best law firm serving Latin America. Mexico is the best sovereign issuer.
Fine-Tuning Market Debt
Mexico carried out a landmark global-for-global bond exchange in April. Andrés Conesa, head of public credit, says the deal saved money, improved investor relations and will help the sovereign price future bond issues more efficiently.
