Pemex said that a local debt issuance last month was almost 4x oversubscribed. Three separate offerings for senior unsecured certificados bursatiles (local notes) totaling $1.15 billion received more than $4.37 billion in book orders. "The total demand registered was the biggest for any local debt issuance in Pemex history," the company said. The debt had maturities of some five to 11 years. Pemex said the sale will help it achieve "a better allocation of......
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