Fitch Ratings upgraded Petroleos Mexicanos after the government sold $12 billion in global debt markets to help shore up the driller’s finances.

Mexico's finance ministry announced an upcoming operation on Tuesday aimed at strengthening the finances of the country's heavily-indebted state energy company Petroleos Mexicanos (Pemex).

"Mexico raises $12bn through debt offering to aid state oil company Pemex" was originally created and published by Offshore ...

Mexico has issued $12 billion in dollar-denominated debt to support Pemex, aiming to ease its financial strain without direct ...

Fitch Ratings upgraded Mexican state energy producer Petroleos Mexicanos' (Pemex) credit rating to 'BB' from 'B+' on Tuesday, ...

Fitch Ratings elevó la calificación crediticia de Petróleos Mexicanos después de que el Gobierno federal colocara US$12.000 ...

Sale of close to $10 bln in debt securities could lead to a rating upgrade for oil company, as government helps it refinance ...

The Mexican finance ministry announced a new operation Tuesday to strengthen the finances of Petroleos Mexicanos, the heavily ...

The use of an SPV will allow the Mexican government to avoid directly stepping in to support Pemex’s debts. The bonds will be classed as Mexican public debt but “will not be consolidated with the ...

Mexico issued the $12bn 5.5% 2030s via a special purpose vehicle called Eagle Funding LuxCo, registered in Luxembourg. It ...

MEXICO CITY--Mexico plans a debt transaction in favor of Petróleos Mexicanos to shore up the finances of the state oil company and help it meet short-term obligations, the Finance Ministry said ...

Mexico’s state-owned oil company Pemex reported its first quarterly profit in a year, booking a net profit of 59.52 billion ...