Creating and distributing additional copies is prohibited without the permission of the publisher. Contact subscriptions@latinfinance.com.

Pemex Fuels Up with Long Bond

Jun 20, 2012

Pemex has made a return to the bond markets to raise a $1.75bn 2044 bond, getting $6.5bn in demand and one of the lowest-ever coupons for a long-dated LatAm corporate bond. In a tricky market open to the region’s highest-rated issuers, the Baa1/BBB senior unsecured bond priced at 99.552 with a 5.50% coupon, to yield 5.53%, or UST+280bp, at the tight...

To continue reading please take a free trial, subscribe or login below.


Already have an account?

Subscribe

Subscribe now for unlimited access to all current and archive news, data and market analysis. 

Subscribe

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial

LatinFinance Events


  1. Commodities dip raises LatAm growth fears
  2. Investors raise concerns on LatAm structured finance
  3. Institutional wealth – pension funds: The next generation
  4. Man of the year: Seize the moment
  5. Pension funds grapple with investment limits as portfolios swell
Follow us


Poll

How busy will LatAm global-local currency debt issuance be this year?

Vote    


Popular Searches


“The greatest value in the next 12 months will be combination of corporates and local currency bonds”

Blaise Antin, TCW


Change font size: Switch to default font size Switch to medium font size Switch to large font size

All material is subject to strictly enforced copyright terms & conditions and cannot be repurposed or reproduced. © 2013 Latin American Financial Publications Inc.

Printing isn't available for this page.