Pemex issued the following announcement on Jan. 9.
Petroleos Mexicanos, through the Corporate Finance together with the Ministry of Finance and Public Credit, perform work tour in New York
Jointly with the Ministry of Finance and Public Credit (SHCP), Petróleos Mexicanos, through the Corporate Finance Department, carries out a work tour with institutional investors, financial analysts and rating agencies on days 9 and 10 of January in New York.
Pemex is a leading company in the energy sector and its strategic importance for the d evelopment of Mexico arouses the interest of investors, analysts and rating agencies. For this reason, the purpose of the work tour is to communicate to the international financial community the strategic objectives and goals that will strengthen the finances and improve the profitability of the company.
Petróleos Mexicanos is committed to having healthy finances, also seeks to stabilize and increase its production platform with an increase in investments to modernize its business units within a framework of safety and environmental sustainability. All this based on the Pemex strengthening strategy announced by the Government of Mexico.
This work tour will allow Petróleos Mexicanos to expand communication channels and continue consolidating its presence in international financial markets.
Original source can be found here.