Pemex eyes dollars, euros and "non-traditional" market in 2016

Pemex eyes dollars, euros and "non-traditional" market in 2016

Mexico Bonds Loans Economy & Policy Corporate & Sovereign Strategy

Pemex plans to hit the dollar bond market early next year, followed by euros and a “non-traditional” market, Rodolfo Campos, the borrower's managing director of finance and treasury and interim chief financial officer, has told LatinFinance.  With commodity prices in decline, Campos says liquidity in dollar, euro and peso markets is thinner than it was a year ago, adding that the company's dollar issue won't be as large as its $6bn issue last January. “The absorption capacity of the market

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