UPDATE 2-Fitch downgrades Pemex debt to ‘junk’ in fresh blow to Mexico
Fitch on Thursday became the
first major ratings agency to downgrade the debt of Mexican oil
company Pemex to “junk” status, in a major setback for
President Andres Manuel Lopez Obrador’s plans to revive the
struggling state-run firm.
first major ratings agency to downgrade the debt of Mexican oil
company Pemex to “junk” status, in a major setback for
President Andres Manuel Lopez Obrador’s plans to revive the
struggling state-run firm.
Posted in: http://feeds.reuters.com/reuters/UKBankingFinancial
