December 6, 2016 / 1:42 PM / in 2 years

Pemex selling up to three-part US dollar benchmark bond: lead

By Mike Gambale
    NEW YORK, Dec 6 (IFR) - Here is the pricing progression on
the new bond offering from Petroleos Mexicanos (Pemex), rated
Baa3/BBB+/BBB+, expected to price later on Tuesday, a banker on
the deal told IFR. 
    The bond is the first from a LatAm issuer in US dollars
since Nov. 10, according to IFR data.
 SIZE       MATURITY   IPTs (T+)
 TBD        5yr FXD    6%-low 6%
 TBD        5yr FRN    Libor equiv
 TBD        10yr FXD   7%-low 7%
 Active bookrunners: Bank of America Merrill Lynch, Citigroup, JP
Morgan, Mizuho, Morgan Stanley.

 (Reporting by Mike Gambale; Editing by Natalie Harrison)
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below