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).

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

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 ...

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

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

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

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 ...

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

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 ...

PEMEX AIMS TO REDUCE DEBT BALANCE Pemex said its financial debt for the three-month period totaled $101.1 billion, up from the $97.6 billion reported in the fourth quarter of 2024.

MEXICO CITY (Reuters) -Mexican state energy company Pemex on Monday reported a net profit of 59.52 billion pesos ($3.17 ...