IFLR1000

Pemex $5.5 billion MTN issue

7/12/2016
Investment grade bond/note issue
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$ 5.5 billion

Announced

7/12/2016

Overview:

  • Petróleos Mexicanos (Pemex) Mexico's state oil company, has issued $5.5 billion of new notes.
  • BofA Merrill Lynch, Citi, JPMorgan, Mizuho and Morgan Stanley acted as joint lead managers.
  • The notes will be issued in three tranches, under the company's MTN program. 
  • The debt securities will be listed on the Luxembourg Stock Exchange. 
  • The transaction is expected to close December 13. 

Rani Mehta- Journalist 

Jurisdictions:

Mexico
Luxembourg

Deal type:

Investment grade bond/note issue

Practice area:

Capital markets : Debt

Industry sector:

Oil and gas

Firms:
Cleary Gottlieb Steen & Hamilton

Party: Pemex (Issuer)

Lawyer: Jorge Juantorena

Ritch Mueller y Nicolau

Party: Citigroup (Joint lead manager)

Party: Mizuho Bank (Joint lead manager)

Party: Morgan Stanley (Joint lead manager)

Party: Bank of America Merrill Lynch (Joint lead manager)

Party: JPMorgan Chase (Joint lead manager)

Lawyer: Luis Nicolau Gutierrez

Shearman & Sterling

Party: Citigroup (Joint lead manager)

Party: Mizuho Bank (Joint lead manager)

Party: Morgan Stanley (Joint lead manager)

Party: Bank of America Merrill Lynch (Joint lead manager)

Party: JPMorgan Chase (Joint lead manager)

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