Moody’s becomes second ratings agency to downgrade Pemex to ‘junk’
Moody’s Investors Service
cut the rating of bonds issued by Mexican state oil company
Petroleos Mexicanos to speculative grade, or “junk,” the second
major ratings agency to make such a move, expected to
substantially increase financing costs.
cut the rating of bonds issued by Mexican state oil company
Petroleos Mexicanos to speculative grade, or “junk,” the second
major ratings agency to make such a move, expected to
substantially increase financing costs.
Posted by Reuters
