Pemex unveils restructuring plan

Pemex unveils restructuring plan

Bonds Project & Infrastructure Finance

Pemex is moving ahead with a restructuring plan aimed at making the most of energy reforms being implemented by the Mexican government and which aim to attract foreign investors to the oil sector. Pemex, one of Latin America’s largest cross-border bond issuers, will launch three subsidiaries one for drilling, another for transport and logistics and a third for power generation, the company said in a filing to the stock exchange. A new board of directors will be appointed in October, the filing s

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