Mexican oil company targets launch midway through 2016
Tag: Pemex
Posted inDaily Brief
Pemex eyes dollars, euros and “non-traditional” market in 2016
Mexican borrower’s CFO sets out funding strategy for year ahead
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Pemex downgraded to Baa1
Mexican oil company’s rating cut as profits squeezed by low oil prices, falling production and high taxes
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Pemex taps Swiss market for benchmark
Mexican company prices its first Swiss franc issuance since 2012
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Pemex prices floater, UDI bonds
The Mexican energy giant had considered reopening an existing 2026 note
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Pemex targets Swiss franc issuance
The Mexican oil giant has slated a roadshow next week
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Pemex Postpones Domestic Jumbo
Pemex has postponed the sale of up to MXP15bn ($1.22bn) in domestic bonds planned for this week, say bankers managing the deal, because of poor market conditions. The multi-tranche deal has been put off until further notice. The state-owned oil producer was set to choose among 7-year floating-rate, 10-year fixed-rate and 15-year UDI-denominated bonds. Proceeds from the issue, rated AAA on a national scale, were to be used for investment purposes and to address existing debt. Banamex, BBVA Bancomer and HSBC are managing the deal. The Mexican state-owned oil company last came to the local market when it issued MXP10bn in 5-year bonds earlier this year.