US Edition13 Articles
13 Articles
The investment vehicle Eagle Funding LuxCo of the government of Mexico to support Pemex announced an emisin of debt at 5 aos.
The government’s support for Pemex’s financial position has consequences such as the pressure on the public budget, the reduction of spending for areas such as health, education and security, and even Mexico’s fiscal sustainability, considered specialists in public finances. While these kinds of decisions have allowed the company to cope with its high indebtedness, the measures are insufficient. Víctor Valdivia, professor at the Faculty of Econo…
The issuance of bonds for Mexican Petroleum (Pemex) generated mixed reactions. Morena, in the Senate, supported the measure, as “it is not a matter of contracting debt or a financial bailout,” and fresh resources will give the company a break to meet its short-term obligations.
Editor1 Hacienda issues 12,000 mdd in debt to finance Pemex Gobierno breaks promise and contradicts official speech of austerity. Mexico City. – The Ministry of Finance and Public Credit (SHCP) confirmed the issuance of 12 billion dollars in public debt to support Mexican Oils (Pemex), despite previous government commitments not to debt the country any more for this reason. The operation, a [...] This post Hacienda issues 12,000 mdd in debt to f…
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