Mexico pulls in $12 billion to prop up indebted oil producer Pemex
ReutersJul 29, 2025 11:15 PM
MEXICO CITY, July 29 (Reuters) - Mexico placed $12 billion in a debt offering to support indebted state oil producer Petroleos Mexicanos (Pemex), the nation's finance ministry said on Tuesday.
The offering came in the form of pre-capitalized securities, or P-Caps, the ministry said in a statement. The funds will go toward covering financial obligations and debt payments due in 2025 and 2026, it added.
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