Heavy Demand for Pemex Peso Retaps

Dec 5, 2013

Pemex has raised MXP9.6bn ($732m) through a reopening of its peso-denominated 2024 global depository notes (GDN) and 2019 domestic FRNs, with order books topping MXP16.5bn, according to people familiar with the terms. Looking to add liquidity to the GDN market by tapping both foreign and local...

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