Pemex to Visit Europe

Pemex to Visit Europe

Mexico Europe Bonds

Pemex is preparing to meet bond investors in Europe next week, according to people familiar with the matter. Starting Monday, the Mexican state-owned oil producer will visit London, Frankfurt, Amsterdam and Paris, finishing Wednesday. BBVA, Credit Suisse and HSBC are managing. A transaction may follow if market conditions permit. Pemex last issued in euros in 2009, pricing a EUR1bn 2017 at 99.311 with a 5.500% coupon to yield 5.623%, or mid-swaps plus 250bp. When laying out international issuanc

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