JOURNAL ARTICLE

Mexico Seeking as Much as $10 Billion in Debt Sale to Back Pemex.

  • Published In: Bloomberg.com, 2025. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Vizcaino, Maria Elena; O'Boyle, Michael; Butler, Kelsey; Squires, Scott 3 of 3

Abstract

The article focuses on Mexico's plan to raise between $7 billion and $10 billion through a debt sale aimed at supporting the state-owned oil company, Petroleos Mexicanos (Pemex). The offering will involve dollar-denominated debt maturing in August 2030, structured as amortizing pre-capitalized securities (P-Caps), which will not be consolidated with Pemex's liabilities. The Mexican government is implementing measures to improve Pemex's financial situation, which includes a significant debt load exceeding $100 billion. The deal is anticipated to be finalized by July 28, with JPMorgan serving as the sole structuring advisor. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2025/07, pN.PAG
  • Document Type:Article
  • Subject Area:Politics and Government
  • Publication Date:2025
  • Accession Number:186808986
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