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With fates intertwined, Mexico and Pemex face downgrade risk in …
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WebJan 12, 2024 · “Issuers are still paying up, and they are paying higher absolute levels than they have for quite a while,” said Patti McConachie, senior analyst in EM fixed income … WebJan 3, 2024 · There is also skepticism about Pemex's plans to lift output. "They have a history of missing their production guidance," said Patti McConachie, an analyst at Columbia Threadneedle. "Over the last years, they have never guided production declines and it has been declining for over a decade." Not everyone is downbeat. WebJan 3, 2024 · MEXICO CITY (Reuters) - Mexico threw troubled state oil company Pemex a lifeline in 2024 to stop $80 billion in bonds held by investors worldwide being labeled junk by credit rating agencies. Now,... small tooth brush