Pemex Readies Domestic Jumbo

Pemex Readies Domestic Jumbo

Mexico Bonds

Mexican state-owned oil company Pemex is turning its fundraising plans to the domestic market, and aims to issue up to MXP25bn ($1.89bn), according to sources familiar with the transaction. In the works are a 5-year floating-rate bond, a 10-year peso-denominated tranche and a 15-year UDI-denominated portion. Pemex plans an investor lunch on November 14 and is targeting a November 30 pricing. Proceeds from the issue, rated AAA on a national scale, are to be used for investment purposes and to fin

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