Pemex jumps on momentum to make unlikely return

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Pemex jumps on momentum to make unlikely return

Oliver West
December 07, 2016 01:30 PM
Pemex, Mexico, Jose Antonio Gonzalez
Mexico's President Enrique Pena Nieto, back to camera, embraces his new Federal Health Commission chief Mikel Arriola Penalosa, as his new Health Secretary Jose Narro Robles, left, and PEMEX chief Jose Gonzalez look on during their swearing-in ceremony at the Los Pinos presidential residence in Mexico City, Monday, Feb. 8, 2016. (AP Photo/Eduardo Verdugo) | Eduardo Verdugo/AP/Press Association Images

Mexican state-owned oil giant Pemex responded to Mexico’s impressive first competitive deep-water oil auction by reminding investors of its prowess in markets with a $5.5bn triple tranche bond.

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Oliver West
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