Pemex Sells $1 Billion of Bonds Due 2035 to Yield 5.975 Percent
This article is for subscribers only.
Petroleos Mexicanos, the state-owned oil monopoly, sold $1 billion of bonds maturing in 2035, its third dollar debt sale this year.
Pemex, as the Mexico City-based company is known, sold the 6.625 percent bonds to yield 5.975 percent, according to data compiled by Bloomberg. Bank of America Corp. and Credit Suisse Group AG arranged the offering.