Moody’s cuts Pemex by two notches
With its bond spreads hovering near all-time wides versus its sovereign, Mexico oil giant Pemex was hit by a two notch downgrade from Moody’s on Friday after the rating agency also placed the country’s credit rating on negative outlook.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts