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Why Bond Investors Are Willing to Bet on Money-Losing Pemex After Oil Price Crash

edited May 22 in Other Investing
https://www.nytimes.com/reuters/2020/05/22/business/22reuters-mexico-pemex-bonds-analysis.html

Why Bond Investors Are Willing to Bet on Money-Losing Pemex After Oil Price Crash
By Reuters
May 22, 2020
Updated 8:23 a.m. ET

MEXICO CITY/NEW YORK — Mexico's state-owned oil company Petroleos Mexicanos has seen investor sentiment improve in recent weeks despite sky-high debts, a slump in demand and no clear direction about how the government will turn the money-losing driller around....



Price 89cents...high 8.25% ytm ..very interesting vehicle to look at
Cusip
71654QCT7
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