Tag: lower operating cash flow

Moody’s downgrades Mexico’s Pemex rating to junk status

Latin America News -
RIO DE JANEIRO, BRAZIL - Moody's on Tuesday (27) downgraded Petróleos Mexicanos' (Pemex) credit rating to Ba3 from Ba2, and maintained the negative outlook which could signal future downgrades in the next 12 to 18 months. The agency indicated that...
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