KM Financial Solutions | Fallen angel? Pemex’s wings clipped by the bond market
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Fallen angel? Pemex’s wings clipped by the bond market

Fallen angel? Pemex’s wings clipped by the bond market

Mexico’s state oil
producer Pemex is on the brink of making history as
the global bond market’s largest “fallen angel” ever, but in the
eyes of the fixed-income world the debt-laden company has
already lost its wings.

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