December 20, 2019
Mexico's Pemex launched on Wednesday evening a local bond deal for up to MXN10 billion ($528 million), it said in a securities filing.
The five-year corporate bonds, known as Cebures, are part of a MXN100 billion debt program, according to the filing.
Actinver, BBVA, Banorte, Bank of America, Citibanamex, HSBC, Scotiabank and Santander are arranging the deal for the state-owned oil company.
Moody's has assigned the new notes an Aa3.mx rating on the local scale, while S&P Global and HR Rating
Mexico's state-owned oil company looks to raise up to $528 mln from the sale of five-year Cebures