Searcher

Fitch

Fitch latest publications

June 7, 2019

Mexico | Underinvestment in E&P prompts Fitch to downgrade Pemex’s bonds to junk status

Fitch downgrades Pemex’s bonds to junk status as the company keeps facing serious underinvestment in E&P because of its relatively high fiscal burden.

February 19, 2019

Mexico | How do we tackle the Pemex situation?

Recently, especially in the aftermath of Fitch downgrading Pemex's rating from BBB+ to BBB-, there has been nervousness in the markets because Pemex's situation is perceived as a significant risk to the country's macroeconomic stability.