Obbligazioni valute high yield MESSICO, PEMEX e Obbligazioni in pesos (MXN) (4 lettori)
- Creatore Discussione Gaudente
- Data di Inizio
m.m.f
Forumer storico
Fabrib
Forumer storico
The International Monetary Fund said on Monday its executive board had approved a smaller two-year lending arrangement for Mexico worth $61 billion, replacing the current flexible credit line of about $74 billion. RTRS
Pelosi says Democrats are ‘within range’ of reaching deal on Nafta replacement AP
Pelosi says Democrats are ‘within range’ of reaching deal on Nafta replacement AP
Ultima modifica:
m.m.f
Forumer storico
Bloomberg - Are you a robot?
Months of Unpaid Bills in Mexico Oil Patch Add to Pemex Woes
By
Amy Stillman
,
Peter Millard
, and
Justin Villamil
25 novembre 2019, 21:34 CET Updated on 26 novembre 2019, 17:34 CET
Months of Unpaid Bills in Mexico Oil Patch Add to Pemex Woes
By
Amy Stillman
,
Peter Millard
, and
Justin Villamil
25 novembre 2019, 21:34 CET Updated on 26 novembre 2019, 17:34 CET
-
Delays reaching seven months are a hard hit for contractors -
Goods, services could be scarcer as Mexico seeks output boost
m.m.f
Forumer storico
Bloomberg - Are you a robot?
Markets
Recession Is Edging Closer. Pass the Tequila
Mexico’s economy has contracted for two quarters. Does that portend trouble for the U.S.?
Markets
Recession Is Edging Closer. Pass the Tequila
Mexico’s economy has contracted for two quarters. Does that portend trouble for the U.S.?
m.m.f
Forumer storico
Città del Messico , 25 nov 17:26 - (Agenzia Nova) - Il presidente messicano, Andres Manuel Lopez Obrador, ha annunciato che invierà una lettera alla presidente della Camera dei rappresentanti Usa, Nancy Pelosi, per sollecitarla a non ritardare l’approvazione del nuovo trattato commerciale dei paesi dell'America del nord (Usmca, United States-Mexico-Canada Agreement). “Invieremo a Pelosi una missiva questa settimana per chiedere che non venga posticipata l’approvazione”, ha detto Lopez Obrador parlando oggi durante la sua consueta conferenza stampa mattutina. (segue) (Mec)
© Agenzia Nova - Riproduzione riservata
© Agenzia Nova - Riproduzione riservata
m.m.f
Forumer storico
Mexico's state-run Pemex sees crude production dip 3% in October
2 MIN READ
MEXICO CITY (Reuters) - Mexican national oil company Pemex produced nearly 3% less crude in October compared with the previous month, as the heavily indebted firm struggles to reverse a prolonged production slump.
Output averaged 1.66 million barrels per day (bpd) last month, or about 50,000 barrels less than in September.
Compared the same month last year, Pemex’s October oil output was down 5.5%.
The company produced 3.4 million bpd in 2004, but production has steadily declined every year since then. Pemex debt has grown dramatically to just under $100 billion as of the end the third quarter.
Pemex Chief Executive Octavio Romero has at times this year announced that the company’s oil output has stabilized, while predicting that it should be producing around 1.8 million bpd by the end of this year.
Pemex’s press office did not immediately respond to a request for comment.
President Andres Manuel Lopez Obrador, who appoints the Pemex chief and has made the company’s revival a top priority, has said the firm’s oil output will reach some 2.7 million bpd when his six-year term ends in 2024.
Lopez Obrador, a leftist resource nationalist, has suspended competitive oil auctions open to private and foreign oil companies. He has also canceled auctions to pick joint venture partners for Pemex, a common industry practice designed to share the rewards and risks of complex oil and gas developments.
Both decisions have been sharply criticized by industry analysts as well as credit ratings agencies.
Meanwhile, Pemex’s crude exports in October averaged 963,000, the lowest monthly figure this year and down more than 6% compared with shipments during the same month last year.
The company’s taxes contribute about a fifth of federal government revenue.
Mr.Obrador è completamente fuori strada
2 MIN READ
MEXICO CITY (Reuters) - Mexican national oil company Pemex produced nearly 3% less crude in October compared with the previous month, as the heavily indebted firm struggles to reverse a prolonged production slump.
Output averaged 1.66 million barrels per day (bpd) last month, or about 50,000 barrels less than in September.
Compared the same month last year, Pemex’s October oil output was down 5.5%.
The company produced 3.4 million bpd in 2004, but production has steadily declined every year since then. Pemex debt has grown dramatically to just under $100 billion as of the end the third quarter.
Pemex Chief Executive Octavio Romero has at times this year announced that the company’s oil output has stabilized, while predicting that it should be producing around 1.8 million bpd by the end of this year.
Pemex’s press office did not immediately respond to a request for comment.
President Andres Manuel Lopez Obrador, who appoints the Pemex chief and has made the company’s revival a top priority, has said the firm’s oil output will reach some 2.7 million bpd when his six-year term ends in 2024.
Lopez Obrador, a leftist resource nationalist, has suspended competitive oil auctions open to private and foreign oil companies. He has also canceled auctions to pick joint venture partners for Pemex, a common industry practice designed to share the rewards and risks of complex oil and gas developments.
Both decisions have been sharply criticized by industry analysts as well as credit ratings agencies.
Meanwhile, Pemex’s crude exports in October averaged 963,000, the lowest monthly figure this year and down more than 6% compared with shipments during the same month last year.
The company’s taxes contribute about a fifth of federal government revenue.
Mr.Obrador è completamente fuori strada
waltermasoni
Caribbean Trader
Fitch Affirms Mexico at 'BBB'; Outlook Stable
13 DEC 2019 04:34 PM ET
Fitch Ratings - New York - 13 December 2019:
Fitch Ratings has affirmed Mexico's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BBB' with a Stable Outlook.
A full list of rating actions follows at the end of this rating action commentary.
13 DEC 2019 04:34 PM ET
Fitch Ratings - New York - 13 December 2019:
Fitch Ratings has affirmed Mexico's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BBB' with a Stable Outlook.
A full list of rating actions follows at the end of this rating action commentary.
waltermasoni
Caribbean Trader
Fitch Rates Mexico's USD3.06 Billion 2030 Notes 'BBB'
09 JAN 2020 10:09 AM ET
Fitch Ratings - New York - 09 January 2020:
Fitch Ratings has assigned a 'BBB' rating to Mexico's USD3.06 billion notes, maturing April 16, 2030. The notes have a coupon of 3.25%. 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.
09 JAN 2020 10:09 AM ET
Fitch Ratings - New York - 09 January 2020:
Fitch Ratings has assigned a 'BBB' rating to Mexico's USD3.06 billion notes, maturing April 16, 2030. The notes have a coupon of 3.25%. 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.