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Published on 4/9/2014 in the Prospect News Emerging Markets Daily.

Mexico's Pemex launches €1 billion 12-year notes at 175 bps spread

By Christine Van Dusen

Atlanta, April 9 - Mexico's Petroleos Mexicanos SAB de CV (Pemex) launched a €1 billion issue of 12-year notes (Baa1/BBB+/BBB+) at mid-swaps plus 175 basis points, a market source said.

Barclays, HSBC and Morgan Stanley are the bookrunners for the Regulation S deal.

Pemex is a Mexico City-based petrochemical company.


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