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Pemex launches $1.5 bln debt in 2-part reopening

Reuters
NEW YORK
Petroleumworld.com 01 27 06


Pemex, the Mexican state oil monopoly, on Thursday launched $1.5 billion in a reopening of an existing 10-year note issue and an existing 30-year bond issue in the 144a private placement market, said a market source familiar with the sale.

The sale includes a 5.75 percent note issue due Dec. 15, 2015 expected to yield 1.38 percentage points to 1.39 percentage points over U.S. Treasuries and a 30-year bond issue due June 15, 2035 expected to yield 1.98 percentage points to 1.99 percentage points over Treasuries.

Joint lead managers are Credit Suisse, Lehman Brothers and UBS Investment Bank.


Reuters 01/26/06

Copyright © 2006 Reuters. All rights reserved

 

 


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