New Issue: Mexico’s Pemex prices $525 million 2.46% notes due 2025 at par

By Christine Van Dusen

Atlanta, July 23 – Mexico’s Petroleos Mexicanos SAB de CV priced a $525 million issue of 2.46% notes due in 2025 at par on Wednesday, a market source said.

Credit Agricole CIB, Citigroup and Santander were the bookrunners for the deal.

Pemex is a Mexico City-based petroleum company.

Issuer:	Petroleos Mexicanos SAB de CV
Amount:	$525 million
Maturity:	2025
Description:	Notes
Bookrunners:	Credit Agricole CIB, Citigroup, Santander
Coupon:	2.46%
Price:	Par
Yield:	2.46%
Trade date:	July 22

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