Fitch slashes Pemex as Mexico concerns grow

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Fitch slashes Pemex as Mexico concerns grow

Oliver West
April 06, 2020 07:30 am
Pemex, Mexico, Amlo, oil, gas station, petrol, LatAm
Cancun, Mexico - 8 February 2016: Pemex gasoline station at downtown | photopixel - stock.adobe.com

As investors single out Mexico’s response to Covid-19 as one of the least convincing in Latin America, Fitch threw government-owned oil company Pemex and its $80bn of bonds deeper into sub-investment grade territory on Friday.

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AmericasLatAm BondsEmerging MarketsNorth AmericaLatAmMexicoCentral AmericaLatin America
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Oliver West
US Bureau Chief - Latin America Editor
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