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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).
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 ...
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 ...
Sale of close to $10 bln in debt securities could lead to a rating upgrade for oil company, as government helps it refinance ...
The Mexican finance ministry announced a new operation Tuesday to strengthen the finances of Petroleos Mexicanos, the heavily ...
MEXICO CITY (Reuters) -Mexico’s state energy company Pemex on Monday reported a swing to net profit in the second quarter, ...
Mexico’s Finance Ministry announced Tuesday it will launch a new financial operation to support the country’s embattled state ...
The Mexican Government has reportedly announced plans to transfer 136 billion pesos ($6.69bn) to state oil producer Pemex in 2025 to assist with its debt and loan repayments, reported Reuters.
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’s government is considering carving out $6 billion from the 2025 budget to support the near-term debt obligations of its heavily indebted state oil giant Pemex, Bloomberg reports, citing ...
(Reuters) - Mexico plans to set aside about $6 billion from its 2025 draft budget for heavily indebted national oil company Pemex and would help its debt obligations next year, Bloomberg News ...