Mexico's Pemex placed 200 mln euros debt last week
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Josef [2011-05-20]
MEXICO CITY, Aug 13 - Mexico's state oil company sold 200 million euros in 8-year notes in a private placement last week, a company spokesman said on Thursday.
Pemex [PEMX.UL] placed the debt with a coupon of 5.779 percent on Aug. 6, the Pemex spokesman confirmed in an email.
The company has already raised approximately $7 billion this year to fund its business plan and meet upcoming maturities. But executives have said they may issue more debt to prefund 2010 requirements if borrowing conditions are attractive.
Pemex said in June it could issue up to 15 billion pesos ($1.16 billion) in debt on Mexican markets in the third quarter under the terms of an existing shelf registration. ($1=Mexico 12.88 pesos)