m.m.f
Forumer storico
...sono riusciti a distruggere anche questa,in Brasile Petrobras,in Venezuela Pdvsa,in South Africa Eksom...adesso che il giochino è finito non si divertono più...
Obbligazioni valute high yield MESSICO, PEMEX e Obbligazioni in pesos (MXN)
- Creatore Discussione Gaudente
- Data di Inizio
...sono riusciti a distruggere anche questa,in Brasile Petrobras,in Venezuela Pdvsa,in South Africa Eksom...adesso che il giochino è finito non si divertono più...
waltermasoni
Caribbean Trader
Fitch Rates Mexico's EUR1.25 Billion 2030 Notes 'BBB'
14 JAN 2020 03:46 PM ET
Fitch Ratings - New York - 14 January 2020:
Fitch Ratings has assigned a 'BBB' rating to Mexico's EUR1.25 billion notes, maturing Jan. 17, 2030. The notes have a coupon of 1.125%. The notes represent senior unsecured debt obligations ranking pari passu with other public external debt of Mexico.
Proceeds from the issuance will be used for the general purposes of the government of Mexico, including the refinancing, repurchase or retirement of its domestic and external indebtedness.
14 JAN 2020 03:46 PM ET
Fitch Ratings - New York - 14 January 2020:
Fitch Ratings has assigned a 'BBB' rating to Mexico's EUR1.25 billion notes, maturing Jan. 17, 2030. The notes have a coupon of 1.125%. The notes represent senior unsecured debt obligations ranking pari passu with other public external debt of Mexico.
Proceeds from the issuance will be used for the general purposes of the government of Mexico, including the refinancing, repurchase or retirement of its domestic and external indebtedness.
m.m.f
Forumer storico
BUSINESS NEWS
JANUARY 16, 2020 / 7:06 PM / UPDATED 20 HOURS AGO
Mexico hails USMCA trade deal approval, expects more investment
1 MIN READ
MEXICO CITY (Reuters) - Mexican President Andres Manuel Lopez Obrador on Thursday hailed the U.S. Senate’s approval of the United States-Mexico-Canada Agreement (USMCA) trade deal, forecasting it would deliver a boost to the Mexican economy.
“It’s good news because this agreement will generate confidence in Mexico for the arrival of investment, for companies to set up here, and for jobs with good salaries,” Lopez Obrador said in a video address posted on Twitter.
Reporting by Sharay Angulo and Lizbeth Diaz; Editing by Dave Graham
Our Standards:The Thomson Reuters Trust Principles.
JANUARY 16, 2020 / 7:06 PM / UPDATED 20 HOURS AGO
Mexico hails USMCA trade deal approval, expects more investment
1 MIN READ
MEXICO CITY (Reuters) - Mexican President Andres Manuel Lopez Obrador on Thursday hailed the U.S. Senate’s approval of the United States-Mexico-Canada Agreement (USMCA) trade deal, forecasting it would deliver a boost to the Mexican economy.
“It’s good news because this agreement will generate confidence in Mexico for the arrival of investment, for companies to set up here, and for jobs with good salaries,” Lopez Obrador said in a video address posted on Twitter.
Reporting by Sharay Angulo and Lizbeth Diaz; Editing by Dave Graham
Our Standards:The Thomson Reuters Trust Principles.
waltermasoni
Caribbean Trader
waltermasoni
Caribbean Trader
iguanito
Forumer storico
Sai l'ISIN di questo? Non lo trovo
angy2008
Forumer storico
sono nuove emissioni, andate a ruba , sono già a 101,40 e 101,125, prezzi da amatori di bolle. Io uscirei da quelle che ho se trovassi qualcosa da comprare
waltermasoni
Caribbean Trader
waltermasoni
Caribbean Trader
Fitch Rates PEMEX's Proposed Debt Issuance
22 JAN 2020 04:17 PM ET
Fitch Ratings - Chicago - 22 January 2020:
Fitch Ratings has assigned long-term ratings of 'BB+' to Petroleos Mexicanos' (PEMEX) announced senior unsecured debt issuances and exchange offers. PEMEX expects to use the proceeds from the issuance to repay debt, particularly for a cash tender offer for two notes maturating in 2020. PEMEX also announced an exchange offer of up to USD2 billion targeting U.S. dollar-denominated notes with maturities between 2021 and 2048 to be exchanged for two new notes due in 2031 and 2060. Successful completion of this transaction will further bolster PEMEX's liquidity profile by reducing short-term debt and smoothing medium-term maturities. PEMEX has a Negative Rating Outlook.
PEMEX's ratings reflect the Mexican government's "moderate" support-track record for the company given the ongoing heavy tax burden, which has historically limited PEMEX's reinvestment capacity. Total support from the Mexican government toward PEMEX in 2019 may have totaled approximately USD9.5 billion after a USD5 billion capital injection and provided the company was able to realize 100% of the tax benefits the Mexican government extended to PEMEX last year. This support compares with approximately USD27 billion of transfers from PEMEX to the Mexican government in 2018 in the form of taxes, duties and others. Mexico has announced additional support measures for PEMEX for 2020 and 2021, which could amount to approximately USD11.4 in total for both years.
PEMEX's standalone credit profile (SCP) is commensurate with a 'ccc' rating as a result of the company's weak capital structure resulting from its elevated leverage. Fitch's assessment of the government's incentive to support the company is currently "strong", which together with the 'ccc' SCP, "very strong" ownership and control and "moderate" support track record result in PEMEX's rating being two notches below those of Mexico (BBB/Stable) in accordance with Fitch's Government-Related Entities (GRE) Criteria.
PEMEX's Negative Outlook reflects the potential for further deterioration of the company's SCP to below 'ccc'. Although PEMEX has implemented some cost cutting measures and received moderate tax cuts from Mexico, the company continues to severely underinvest in its upstream business, which could lead to further production and reserves decline. The very high level of transfers from PEMEX to the Mexican government continues to significantly pressure PEMEX's cash flow generation and reinvestment ability and weaken its SCP.
22 JAN 2020 04:17 PM ET
Fitch Ratings - Chicago - 22 January 2020:
Fitch Ratings has assigned long-term ratings of 'BB+' to Petroleos Mexicanos' (PEMEX) announced senior unsecured debt issuances and exchange offers. PEMEX expects to use the proceeds from the issuance to repay debt, particularly for a cash tender offer for two notes maturating in 2020. PEMEX also announced an exchange offer of up to USD2 billion targeting U.S. dollar-denominated notes with maturities between 2021 and 2048 to be exchanged for two new notes due in 2031 and 2060. Successful completion of this transaction will further bolster PEMEX's liquidity profile by reducing short-term debt and smoothing medium-term maturities. PEMEX has a Negative Rating Outlook.
PEMEX's ratings reflect the Mexican government's "moderate" support-track record for the company given the ongoing heavy tax burden, which has historically limited PEMEX's reinvestment capacity. Total support from the Mexican government toward PEMEX in 2019 may have totaled approximately USD9.5 billion after a USD5 billion capital injection and provided the company was able to realize 100% of the tax benefits the Mexican government extended to PEMEX last year. This support compares with approximately USD27 billion of transfers from PEMEX to the Mexican government in 2018 in the form of taxes, duties and others. Mexico has announced additional support measures for PEMEX for 2020 and 2021, which could amount to approximately USD11.4 in total for both years.
PEMEX's standalone credit profile (SCP) is commensurate with a 'ccc' rating as a result of the company's weak capital structure resulting from its elevated leverage. Fitch's assessment of the government's incentive to support the company is currently "strong", which together with the 'ccc' SCP, "very strong" ownership and control and "moderate" support track record result in PEMEX's rating being two notches below those of Mexico (BBB/Stable) in accordance with Fitch's Government-Related Entities (GRE) Criteria.
PEMEX's Negative Outlook reflects the potential for further deterioration of the company's SCP to below 'ccc'. Although PEMEX has implemented some cost cutting measures and received moderate tax cuts from Mexico, the company continues to severely underinvest in its upstream business, which could lead to further production and reserves decline. The very high level of transfers from PEMEX to the Mexican government continues to significantly pressure PEMEX's cash flow generation and reinvestment ability and weaken its SCP.