Mexico issued the $12bn 5.5% 2030s via a special purpose vehicle called Eagle Funding LuxCo, registered in Luxembourg. It ...

Mexico placed $12 billion in a debt offering to support indebted state oil producer Petroleos Mexicanos (Pemex), the nation's ...

Mexican state company Pemex exported 39% less crude oil year-over-year in June, reaching the lowest level in decades, ...

Mexico completed a $12 billion debt offering that will support state-owned Petroleos Mexicanos, the world’s most indebted oil ...

"Mexico raises $12bn through debt offering to aid state oil company Pemex" was originally created and published by Offshore ...

MEXICO CITY (Reuters) -Mexican state energy company Pemex on Monday reported a net profit of 59.52 billion pesos ($3.17 ...

Mexico’s state-owned oil company Pemex reported its first quarterly profit in a year, booking a net profit of 59.52 billion ...

Mexico’s state oil company Pemex (Petróleos Mexicanos) reported a net profit of MXN 60 billion ($3.5 billion USD) in the ...

Mexico has issued $12 billion in dollar-denominated debt to support Pemex, aiming to ease its financial strain without direct ...

Pemex posted a net income of 59.52 billion pesos ($3.2 billion) for the second quarter, compared with a 273.3 billion peso loss a year prior. Pemex reported about $30 billion in losses in 2024.

While Pemex’s exploration and production arm is profitable, the company is facing losses elsewhere, particularly from its refining operations. In July Fitch, a credit-rating firm, downgraded Pemex.

Amid falling output, continuing losses and mounting debt, Pemex, Mexico’s state-owned oil company, has once again had to borrow money to remain operating. On Friday, it announced it had raised 80 ...