Deals

Deals

Mexico

Pemex Peso PlanMexican oil giant Petróleos Mexicanos went to market in Mexico City with a $877 million bond in mid-June. The peso-denominated issue matures in 2014 and carries a coupon of seven basis points below the benchmark TIIE interbank rate. This is Pemex's second issue of the year, and its first in the local currency. BBVA Bancomer, HSBC and Banamex were lead mangers on the deal. Making the ConnectionColombia's Interconexion Eléctrica (ISA) paid $531.8 million to buy a 50.1% controlling stake in the Brazilian Companhia de Transmissao de Energia Eletrica Paulista (CTEEP) in an auction in late June. ISA's offer was 58% over the minimum set by the state of São Paulo. Whil

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