S&P downgraded Pemex and CFE’s outlooks to negative ... “The revision of CFE and Pemex’s outlooks reflects the fact that a potential downgrade of Mexico’s rating could bring similar actions over both companies given their ratings change in line with Mexico’s sovereign credit rating,” the agency said in a statement.

6 Jun 2019 055 About the credit ratings changes on Mexico and Pemex. On June 5, 2019, Fitch credit rating agency has changed the sovereign rating of  4 Mar 2019 Ratings agency Standard & Poor's on Monday slashed the stand-alone credit profile of Mexico's national oil company Pemex, piling more  8 Mar 2019 In an attempt to stave off further credit rating downgrades, the government unveiled a bailout package on February 15,. 2019 of $5.5 billion USD. 6 Mar 2019 On Monday, the 4th of March, 2019, the rating agency, Standard & Poor had smudged the stand-alone credit profile of Mexican oil firm,  16 Feb 2019 Kristian Rouz — Mexican officials have announced a massive cash injection for state-run oil company Pemex after international credit rating  4 Mar 2019 Last Friday, S&P Global Ratings modified Mexico's credit rating on Pemex, which carries a considerable fiscal weight in spite of a recent 

No Further Cut to Pemex Credit Rating Expected -Mexican ...

Jun 07, 2019 · Mexico City (AFP) - The financial assessment agency Fitch Ratings downgraded Mexico state oil company Mexican Petroleum (Pemex) from BBB- to BB+ Thursday, while Moody's revised its outlook rating from stable to negative. BB+ is considered a junk rating because of the struggling company's heightened risk of not paying its debt. Fitch cuts rating of Mexico's troubled Pemex - MarketWatch Fitch cuts rating of Mexico's troubled Pemex standalone credit profile, Fitch said. "Although Pemex has implemented some cost-cutting measures and received moderate tax cuts from Mexico, the Fitch Cuts Mexico’s Pemex to Below Investment Grade - WSJ

Mexico's Lopez Obrador Bashes Ratings Downgrade Of Pemex ...

22 Oct 2019 Indeed, S&P has issued the same rating to Mexico's sovereign credit and Pemex's: BBB+. That equalized rating is based on S&P's assessment 

S&P downgrades Mexico sovereign rating as coronavirus ...

Fitch downgrades Mexico's Pemex rating; peso falls Jan 30, 2019 · Rating agency Fitch downgraded the credit rating of Mexican state oil company Pemex on Tuesday, sending the peso currency falling in early trading in Asian markets. Mexico’s deputy finance minister said the downgrade didn’t come as a surprise and that the …

Standard & Poor's downgrades Pemex credit rating outlook ...

Mexico's Pemex-centric energy plan could hit investment ... Nov 21, 2019 · Mexico's Pemex-centric energy plan could hit investment - S&P. Contributor. In June, Fitch Ratings cut the credit rating of Pemex from investment grade to speculative grade, or "junk," with a Fitch downgrades Mexico's Pemex rating; peso falls Jan 30, 2019 · Rating agency Fitch downgraded the credit rating of Mexican state oil company Pemex on Tuesday, sending the peso currency falling in early trading in Asian markets. Mexico’s deputy finance minister said the downgrade didn’t come as a surprise and that the …

S&P says ratings for Mexico's Pemex remain unchanged | Nasdaq Dec 19, 2019 · Standard & Poor's ratings agency said on Thursday that its ratings for Mexican state oil company Pemex remained unchanged, after affirming Mexico's sovereign foreign … Fitch Ratings Confirms Pemex’s Credit Rating and ... Fitch Ratings Confirms Pemex’s Credit Rating and Investment Grade at BBB+ which results from the strategic importance of the company to secure an energy supply for Mexico, as the country depends primarily on Pemex for its diesel and gasoline needs.