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Mounting Debt and Fading Foreign Interest Force Pemex to Court Domestic Investors

Summary by The Rio Times
Pemex, Mexico’s state oil company and the most indebted in the world, is listing $3.77 billion in foreign bonds on the Mexican Stock Exchange. These bonds, first issued in Luxembourg and due in 2031 with a 5.95% annual interest, will now be available to local investors via the International Quotation System (SIC). This move aims […]

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Pemex filed an application to enter bonds issued on the Luxembourg Stock Exchange to the International Quotation System (SIC) of the Mexican Stock Exchange. Bloomberg online reported that Pemex seeks to quote existing foreign debt for 3 777 million dollars from next July 17. The bonds, with PEMO131 slate key, have an interest rate of 5.95% and expire in 2031. In this regard, Gabriel Siller, director of analysis at Banco Base, said that "it is po…

Pemex seeks to list in the BMV bonds for 3,777 million dollars already issued in Luxembourg, with the objective of expanding its base of Mexican investors. Mexican Oils (Pemex) submitted to the Mexican Stock Exchange (BMV) a request to list in the International Quotation System (SIC) bonds with a total value of 3,777 million dollars. These financial instruments are already circulating in the international markets and are currently listed in the …

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This is a foreign debt of US$3,777 million, originally issued on the Luxembourg Stock Exchange, due in 2031.

·Bogotá, Colombia
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Petróleos Mexicanos, a state-owned company known as Pemex, seeks authorization to quote US$3,777 million from the Mexican Stock Exchange (BMV) from July 17, 2025.The document sent to the Mexican stock exchange institution details that the company requested authorization to enter bonds issued on the Luxembourg Stock Exchange to the International Quotation System (ISIC) of the local stock exchange, a platform that allows investment in foreign mark…

At the end of the first quarter of 2025, Pemex's total financial debt amounted to 2.05 trillion pesos, an increase of 21.3% over the same period of the previous year, when it stood at 1.69 trillion pesos.

·Mexico
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Proceso broke the news in Mexico on Monday, July 14, 2025.
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