Banks vie for Pemex mandate

Banks vie for Pemex mandate

Bonds Debt Capital Markets Corporate & Sovereign Strategy Economy & Policy Fixed Income Energy Politics Mexico

A host of international banks are competing to underwrite a new benchmark bond from Mexico's state-owned oil company Pemex before the pre-earnings quiet period starts in mid-February, LatinFinance has heard. "Everybody is pitching for this deal, but there is no mandate yet," said a debt capital markets banker at a major US investment bank. "We are hoping that Pemex decides soon and comes to market before the blackout period." If Pemex does not issue cross-border bonds before the quiet period beg

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