LEON: Mexican national oil company Pemex plans to refinance $2.5 billion of liabilities this year while trying to revive oil production to boost income, the state-owned company's chief financial officer said, as pressure mounts from credit ratings agencies over its performance.
Alberto Velazquez told Reuters in an interview that the $2.5 billion mostly includes outstanding bonds.
The operation would complement the renewal of existing credit lines the ailing oil company has with banks.
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