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Published on 5/25/2011 in the Prospect News Emerging Markets Daily and Prospect News Investment Grade Daily.

Pemex launches $1.25 billion notes due 2041 at Treasuries plus 228 bps

By Christine Van Dusen

Atlanta, May 25 - Mexico's Petroleos Mexicanos SAB de CV launched a $1.25 billion offering of notes due June 2041 (Baa1/BBB/BBB) at Treasuries plus 228 basis points, a market source said.

Goldman Sachs, JPMorgan and RBS are the bookrunners for the Rule 144A and Regulation S notes.

Pemex is a petrochemical company based in Mexico City.


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