Before the issue, Bloomberg reported that the bonds were for 10 years, and would be sold at a price to yield about 2.25 percentage points more than the mid-swap rate. This year, Pemex placed US$750mn in 10-year bonds in June, 750mn euros in 7-year bonds in April, US$500mn in 20-year bonds in March, US$750mn in 5.5-year bonds in February and 250mn pounds sterling in January. Pemex financial director Juan Jose Suarez said in January that the company would seek US$7bn-8bn from the markets this year.
About Business News Americas: Business News Americas is a multilingual news and business information service that covers the most important original stories in 11 different business sectors throughout Latin America everyday. Visit BNamericas to access our real-time news reports, 7-year archive, Fact File company database, and latest research reports.
Click here for a Free two week trial to our Latin America Oil & Gas information service.
Most Popular Articles