Pemex taps Euro market for €1bn

Pemex taps Euro market for €1bn


Pemex sold a EUR1bn ($1.3bn) 2026 bond at a yield of 3.776% on Wednesday in a transaction that underlined strong appetite for Mexican high-quality debt among foreign investors. The issuance followed Pemex’s triple-tranche $4bn bond sale in January and served to cement the company’s position as LatAm’s second-largest corporate issuer in the foreign markets after Petrobras, so far this year. The book was close to EUR6bn, which allowed bookrunners to take a “more aggressive” approach and tighten th

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