Moody's Affirms Pemex Rating at B1 with Stable Outlook
Moody's has affirmed Pemex's credit rating at B1 with a stable outlook, distinguishing it from Mexico's recently downgraded sovereign rating. This decision comes despite the country's overall fiscal deterioration, indicating a stable, albeit speculative, outlook for the state oil company.
La agencia mantuvo la calificación de Pemex en ‘B1’ con perspectiva estable, pese al recorte aplicado a la nota soberana de México por el deterioro fiscal del país.