Investors pile in as Pemex wraps financing needs

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Investors pile in as Pemex wraps financing needs

Pemex, Mexico, oil, LatAm
A logo sign outside of a facility occupied by PEMEX Procurement International, Inc., in Houston, Texas, on May 28, 2017. Photo by Kristoffer Tripplaar *** Please Use Credit from Credit Field *** | Kris Tripplaar/SIPA USA/PA Images

A long-awaited dollar deal from Mexican state oil giant Pemex gave proof that there was plenty of liquidity in Latin American bond markets as the borrower squeezed pricing on the back of a hefty book after putting out juicy price talk.

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