Mexico weighs options to absorb up to $40 bln of Pemex debt, Bloomberg News reports

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May 8, 2024 9:56 PM

May 9 (Reuters) - Mexico is weighing options to absorb

as much as $40 billion debt in state energy company Pemex,

Bloomberg News reported on Thursday.

The Mexican government is considering options that would

include issuing sovereign debt to fund buyouts, or repurchasing

options bonds issued by Pemex, Deputy Finance Minister Gabriel

Yorio told investors in New York, according to Bloomberg.

Pemex did not respond immediately to a request for comment.

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