Pemex Seeks Diverse 2013 Funding Targets

Dec 19, 2012

After a groundbreaking debt fundraising year, Pemex is targeting issuance in more new markets in 2013, its treasury manager says. The Mexican state-owned oil company has put in a request to borrow about $9.8bn-euqivalent in 2013, subject to government approval, with about $4.0bn expected to come from the international markets. After hitting up the Swiss market and becoming LatAm’s first Australian dollar issuer this year, other non-USD markets may be in the cards. “We would certainly look at the...

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