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Mexico Looks to Tap Debt Markets With Offering to Support Pemex

Mexico Looks to Tap Debt Markets With Offering to Support Pemex

Bloomberg5 days ago
Mexico kicked off a debt offering to support beleaguered state-owned oil company Petroleos Mexicanos.
The offering will consist of dollar-denominated debt maturing August 2030, according to a person familiar with the matter. Initial price talks are around 200 basis points over US Treasuries, added the person, who requested anonymity because the information is private.
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