Friday, 27 February 2009

Pemex Plans Sale of Up to 70 Billion Mexican Pesos of Bonds in Local Debt Markets

Petroleos Mexicanos SAB, the piggy bank of the Mexican government -- uhhmm sorry, the Mexican state-oil company, registered to sell up to 70 billion pesos of bonds in the domestic bond markets. The company raised $1.5 billion from the sale of debt in international markets in February. We will update this once we have more information available.

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