Mexico Tells Oil Giant Pemex ‘You’re on Your Own’ to Cover Debt Payments

LBM Daily News
Financial

(Bloomberg) — Petroleos Mexicanos bonds tumbled to fresh lows as the state-owned oil giant prepares to resume paying its own debt maturities, halting a government policy of covering its amortizations.Most Read from BloombergPemex has the cash flow to make its debt payments, Mexico Finance Minister Rogelio Ramirez de la O said at an event in…

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