Sending a message: Pemex breaks euro record as EM diversifies

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Sending a message: Pemex breaks euro record as EM diversifies

pemex px 230

Mexican oil giant Pemex and north African sovereign Tunisia both used the euro market for diversification plays this week, though the differing receptions each received highlighted the difficulties faced by EM high yield borrowers using the currency. Olly West and Virginia Furness report.

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