UPDATE 1-Moody’s becomes second ratings agency to downgrade Pemex to ‘junk’
In a blow to Mexican
President Andres Manuel Lopez Obrador, ratings agency Moody’s
Investors Service on Friday became the second main ratings
agency to downgrade national oil company Petroleos Mexicanos to
speculative grade, or junk, status.
President Andres Manuel Lopez Obrador, ratings agency Moody’s
Investors Service on Friday became the second main ratings
agency to downgrade national oil company Petroleos Mexicanos to
speculative grade, or junk, status.
Posted by Reuters
