Pemex Sells $1.25 Billion of 30-Year Dollar Debt to Yield 6.56%
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Petroleos Mexicanos, the state-owned oil company, sold $1.25 billion of 30-year dollar bonds overseas, according to data compiled by Bloomberg.
Pemex, as the company is known, sold the securities to yield 6.56 percent, or 228 basis points more than similar-maturity U.S. Treasuries, the data show. Goldman Sachs Group Inc., JPMorgan Chase & Co. and Royal Bank of Scotland Group Plc managed the sale, according to a person familiar with the transaction who asked not to be identified because he’s not authorized to speak publicly on matter.