Latin American oil and gas: A Pemexican standoff?

Region:

Americas

Oliver Gordon

Contributor

Pemex kicked off 2017 with a record-breaking eurobond and the announcement of a halving of losses in 2016. The debt-ridden oil producer has even put in place an innovative supply chain finance programme backed up by Nafinsa and Greensill Capital. But should investors and lenders still exercise extreme caution?

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