The two bonds, valued at USD 2 billion each and issued in a financial operation that started early in September, will carry maturities of seven and close to 31 years. They pay yields of 4.62% and 6.75%, respectively, according to Pemex CFO Juan Pablo Newman. Now with greater maturity, Pemex’s repurchased debt, which was due to mature in 2018 and 2019, has reduced the risks of the company’s debt portfolio, Newman said.
The operation, which closed on Monday, saw the involvement of Barclays Capital, Citigroup, HSBC, Mitsubishi UFJ Financial Group and Natixis.
In other news, Mexico’s National Hydrocarbons Commission said on Monday that parties interested in joining the country’s deepwater joint venture for Pemex’s Trion field would have extra time to submit questions. “This is an additional space for participants to study, analyse and comment on this new version of the joint operating agreement,” president commissioner Juan Carlos Zepeda said. Bidders have until October 10 to comment. The commission’s final clarifications will be published four days later.
Ørsted’s Greater Changhua 1 and 2a offshore wind farms are in operation in Taiwan and their combined 900 MW of… Read More
SkyPower Global has signed a 1-GW power purchase agreement with state-owned Zambia Electricity Supply Corp Read More
The government of Angola has approved Afentra’s acquisition of a 12% non-operating interest in offshore Block 3/05 and a 16%… Read More
TotalEnergies has agreed with US player Vanguard Renewables to jointly develop renewable natural gas (RNG) in the USA, the French… Read More
Canadian exploration player Sintana Energy has expanded in Namibia’s Orange Basin with a deal to acquire up to 67% in… Read More
The UAE’s AD Ports Group has signed a concession agreement to operate and upgrade Angola’s multipurpose Luanda Port, the Emirati… Read More
This website uses cookies.