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The sovereign has issued well over $10bn in just two days to fund liability management for Pemex
The note priced with no issue premium, agreed observers
The trade is its first in the senior preferred format
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The Uzbek miner is taking advantage of a surge in gold prices triggered by Trump's tarifs
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The gold price has jumped by 7.5% since it first unveiled plans to issue
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◆ SLBs miss targets with hundreds more up for review ◆ US issuers make hay in European sunshine ◆ Banks probe longer dated debt issuance
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New issue premiums have risen, but even single-B rated issuers have priced deals
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Initial interest came from the bookrunners
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The company has not issued since its bond debut in late 2021
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