Petróleos Mexicanos

17 Sep 2009

Rating: Baa1/BBB+/BBB

Amount: Sfr350m

Maturity: 13 October 2014

Issue price:100.237


Spread at re-offer: 185bp over mid-swaps

Launched:Wednesday 16 September

Payment date:13 October

Joint books:BNP Paribas, Credit Suisse

Bookrunners’ comment:

Pemex last came to the Swiss market 14 years ago. It issued a $1.5bn 5-1/2 year deal last week at 270bp ...

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