Mexico's Pemex Launches $2B 2021 Bond At 250 Basis Points Over Tsys

13th Jul 2010 19:37

NEW YORK (Dow Jones)--Mexico's state-owned oil company Petroleos Mexicanos (PEM.YY), or Pemex, launched $2 billion of 10.5-year bonds Tuesday at 250 basis points over Treasurys, according to a person close to the deal. The bookrunners are Deutsche Bank (DB), HSBC (HBC)and Goldman Sachs (GS). Earlier, people familiar with the transaction said orders for the notes exceeded $4 billion. The deal is expected to price Tuesday afternoon. -By Riva Froymovich, Dow Jones Newswires; 212-416-2217; [email protected] (END) Dow Jones Newswires July 13, 2010 14:37 ET (18:37 GMT)