May 17, 2018 |
Pemex on Wednesday sold €3.15bn ($3.72bn) in a four-tranche bond sale, taking between 25bp and 30bp in new issue concession across its euro-denominated curve, four sources have said.
The four-part trade comes as the state-owned energy company works to complete debt raising efforts before Mexico's new President is sworn in this December.
Leads came out with a 4.5-year portion, a 5.25-year floating-rate note (FRN), a 7.5-year tranche and 10.75-year bond, DCM sources said. Guidance on each respec
Leads gathers some $5.9bn in orders for the Mexican energy company as it seeks to bolster debt reserves before the presidential election