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 ...

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

"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 ...

Mexico placed $12 billion in a debt offering to support indebted state oil producer Petroleos Mexicanos (Pemex), the nation's ...

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

The upgrade follows Mexico’s successful completion of a $12 billion P-Cap transaction, which strengthened Fitch’s assessment of government support for the state oil company. The rating agency also ...

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 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 Finance Ministry announced Tuesday it will launch a new financial operation to support the country’s embattled state ...

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