KM Financial Solutions | With fates intertwined, Mexico and Pemex face downgrade risk in 2020
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With fates intertwined, Mexico and Pemex face downgrade risk in 2020

With fates intertwined, Mexico and Pemex face downgrade risk in 2020

Mexico threw troubled state
oil company Pemex a lifeline in 2019 to stop $80 billion in
bonds held by investors worldwide being labeled junk by credit
rating agencies. Now, investors worry that the state itself is a
risk for Pemex.

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