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LatinNews Daily - 16 September 2025
In brief: Mexico issues euro-denominated bonds to boost Pemex
*Mexico’s government led by President Claudia Sheinbaum has reportedly made a new three-part bond issuance in order to support the indebted state-run oil company Petróleos Mexicanos (Pemex). According to sources consulted by Bloomberg, the notes are due in four, eight, and 12 years and have a total value of €5bn (US$5.9bn). The bond issuance comes amid wider government support for Pemex, which has prompted international credit rating agencies Moody’s and Fitch to upgrade Pemex in recent months.
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