Cleary Gottlieb instructed on Pemex $5.5 billion offering

Cleary Gottlieb Steen & Hamilton advised Pemex on its $5.5 billion Rule 144A/Reg S offering of debt securities.

Petróleos Mexicanos (Pemex) is the Mexican state oil company and one of the largest energy companies in the world. The securities are being issued in three tranches under Pemex’s medium-term notes program.

Bank of America Merrill Lynch, Citi, J.P. Morgan, Mizuho and Morgan Stanley acted as joint lead managers. The securities will be listed on the Luxembourg Stock Exchange and admitted to trade on the Euro MTF market of the exchange.

Ignacio Abella