News
12 September 2019

Mexican government to give $5bn to Pemex to repay debt

In:
Oil & gas
Region:
Americas

Mexican state-owned oil and gas company Pemex will receive a contribution equivalent to $5 billion from the country’s government to repay and refinance debt. Pemex structured the transaction in three parts: The company intends to use the proceeds for the prepayment of bonds in the short...

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