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KM Financial Solutions | UPDATE 1-Moody’s becomes second ratings agency to downgrade Pemex to ‘junk’
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UPDATE 1-Moody’s becomes second ratings agency to downgrade Pemex to ‘junk’

16 Apr UPDATE 1-Moody’s becomes second ratings agency to downgrade Pemex to ‘junk’

Posted at 21:36h in News by
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In a blow to Mexican
President Andres Manuel Lopez Obrador, ratings agency Moody’s
Investors Service on Friday became the second main ratings
agency to downgrade national oil company Petroleos Mexicanos to
speculative grade, or junk, status.

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