Bankers question Pemex refinancing plans

Bankers question Pemex refinancing plans

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

Bond bankers are waiting for Mexico's Pemex to provide more details on its plans to refinance $6.6bn in debt this year, LatinFinance has heard. "Just because they said they want to refinance $6.6bn in debt doesn't mean they will do a deal, or that they will do this with bond or bank debt," said a debt capital markets banker in New York. Bankers in the bond market still do not know if Pemex will buy back bonds, reopen outstanding notes or do something else to refinance debt, but they hope to have

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