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Taking Russian central bank’s money would be disastrously naive
Huge financial support eases Pemex's immediate debt risks, but does not cure operational problems
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Saudi Arabia is the only other Gulf sovereign to have raised in euros -
The energy firm hopes to issue new vanilla bonds in the near future
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Original note has traded well since launch in February
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Hung parliament seen as best outcome for bond issuers, even if swing to left was unexpected
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◆ UK ousts Tories from power... ◆ ... setting up final round of French elections as only bar to primary market revival ◆ EM debt restructurings: balancing what creditors demand with what voters need
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Governments on the continent face a tricky time balancing needs of population with demands of overseas lenders
Sub-sections
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Sponsored by CAF – Development Bank of Latin America and the Caribbean
CAF gearing up to transform regional development
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Sponsored by Emirates NBD Capital
Emirates NBD Capital: An unrivalled conduit for Middle East liquidity
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Sponsored by European Investment Bank
European Investment Bank: Supporting sustainable development in North Africa
