Pemex Raises $1.25B In Debt Issue
Petroleos Mexicanos has raised $1.25 billion in a debt offering.
Petroleos Mexicanos (Pemex) has raised $1.25 billion in a debt offering, The Wall Street Journal reports. The Mexican state-owned oil company sold 30 year dollar securities.
The notes issued by Pemex are scheduled to mature in 2041. The company appointed Goldman Sachs, JPMorgan Chase and Royal Bank of Scotland to manage the offering, adds Bloomberg.
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