Mexican oil producer, Pemex, is seeking to raise about $833.5 million in a bond sale, Bloomberg reports. The notes will be sold in the domestic market on March 10, 2011 to refinance debt.
After the transaction, Pemex will issue two or three international bond sales for a total of about $3 billion. The company is also planning to seek about $8 billion in bonds and loans in 2011.
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