Pemex gets partial response to buyback

Pemex gets partial response to buyback

Asset Management Bonds Debt Capital Markets Corporate & Sovereign Strategy Fixed Income Funds Energy Gas Mexico US

Mexico's state-owned oil company Pemex said it has agreed to buy back $62 million of bonds that mature this year after offering to repurchase up to $765 million of outstanding notes. Pemex accepted tenders for $17.1 million of 6% 2020 notes and $44.9 million of 3.5% 2020 notes by the deadline on January 28, the company said in a statement. Pemex settled the tender offers on January 30, paying bondholders $1,003.70 for every $1,000 in 6% notes and $1,007.51 for the 3.5% notes, it added. Before th

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