Pemex Closes in on EUR Deal

Pemex Closes in on EUR Deal

Mexico Europe Bonds

Pemex has ended its European roadshow, with investor feedback suggesting interest for a new 7-year or 8-year euro-denominated bond, according to a banker familiar with the issuer’s plans. Pricing is expected as soon as today, market conditions permitting. The Mexican state-owned oil producer’s EUR-denominated 2017 bonds, seen trading around MS+133bp Wedensday, and EUR-denominated 2025 bonds, at around MS+200bp, offer pricing reference points. BBVA, Credit Suisse and HSBC are managing the transac

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