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Mexico's Pemex plans peso-denominated benchmark-sized two-tranche bond
By Aaron Hochman-Zimmerman
New York, May 12 - Petroleos Mexicanos (Pemex) announced plans to issue around $500 million in peso-denominated floating-rate and fixed-rate bonds, according to a market source.
The seven-year fixed-rate portion is expected to yield in the area of Mbonos plus 160 basis points.
Pemex is a Mexico City-based government-run oil firm.
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