Pemex gets $5bn injection, sets three-part bond deal

Pemex gets $5bn injection, sets three-part bond deal

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

Mexico's Pemex could price a three-part bond deal this week, raising money to pay off debt, including short-term loans, LatinFinance has confirmed, dovetailing with the government's $5bn capital injection into the state-owned oil company.Pemex is taking note of investor sentiment as it prepares to sell the new seven-, 10- and 30-year notes as soon as Thursday, depending on market conditions, said a banker working on the deal."This is a big liability management exercise to provide the company wit

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