Fallen angel? Pemex’s wings clipped by the bond market
19 Jun Fallen angel? Pemex’s wings clipped by the bond market
Posted at 18:05h
in
News
by KMFSLLP
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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