Tags : Pemex

Capital Markets

Cleary advises Pemex on $2bn note offering

Cleary Gottlieb has advised Petróleos Mexicanos (Pemex), Mexico’s state-owned oil company, on the issuance of $2 billion of notes due 2033. The offering was priced on January 31, 2023 and is expected to settle on February 7, 2023. The securities are issued in a tranche under Pemex’s medium-term note program. The notes are guaranteed by […]

Capital Markets

Cleary counsels Pemex on liability management for $2bn  

Cleary Gottlieb has advised Petróleos Mexicanos (Pemex) on a $2 billion USD liability management transaction whereby certain suppliers were able to exchange outstanding invoices due from Pemex and its subsidiaries for 8.750% negotiable notes due 2029 issued by Pemex. The purpose of the transaction was to provide liquidity to the suppliers, as well as to […]