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Mexico & Nafta - May 2016 (ISSN 1741-444X)

Pemex gets a bail out, but hard work still to do

The new CEO of Mexico’s state-owned oil company Petróleos Mexicanos (Pemex), José Antonio González Anaya, along with the company’s chief financial officer, Juan Pablo Newman, and Mexico’s finance minister, Luis Videgaray, went on a US roadshow in late April to reassure investors as to the health of the struggling company, following a US$4.2bn government capitalisation.

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