Sempra Mexico Sale Broadens Domestic Market

Feb 13, 2013

Sempra Mexico has priced a MXP5.2bn ($412m) domestic bond sale, the local market’s first transaction from a non-government energy sector issuer. The Mexican unit of US-based Sempra Energy priced in line with expectations and was thought to give domestic institutions a 10bp pickup to government-owned Pemex. A MXP1.3bn...

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“The crisis has been a setback for reserve diversification."

Jan Dehn, Ashmore Investment Management