CHICAGO–(BUSINESS WIRE)–Fitch Ratings expects to assign a ‘BBB+(exp)’ long-term rating to Petroleos Mexicanos’ (Pemex) USD5.5 billion sr. unsecured debt issuance composed of: –USD1.5 billion due 2022; –USD1 billion floating rate issuance due 2022; –USD3 billion due 2027. The company expects to use the proceeds from the issuances to finance its capital investments, pay upcoming maturities and for general corporate purposes. The debt issuances are guaranteed by Pemex Exploracion y Produccion
