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Pemex Announces Refinancing Of Debt To Providers

MEXICO
  • PEMEX ANNOUNCES REFINANCING OF ITS DEBT TO PROVIDERS (BBG)
  • Pemex will refinance debt of providers that are owed greater than $5 million in invoices, the company said in a statement Tuesday. (Bloomberg)
    • Pemex refinancing to cover $2B of debt to providers.
    • Invoices to be exchanged for Pemex global notes with a coupon of 8.75% maturing in 2029.

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