JBIC signs Pemex samurai guarantee

Skip to:

JBIC has signed the guarantee for Pemex’s ¥80 billion ($753.7 million) 10-year samurai bond. The 100% nominal value guarantee – provided under JBIC’s Guarantee and Acquisition toward Tokyo market Enhancement (GATE) facility – signed on July 19.

The issue – lead arranged by Mizuho Securities, SMBC Nikko Securities and Mitsubishi UFJ Morgan Stanley Securities with Mizuho Bank as bond administrator – was 1.8 times oversubscribed and came with a yield of 0.54%.

Pemex last tapped the yen market in September 2008, when it raised ¥64 billion of 12 year debt through a private placement guaranteed by NEXI.

Related analytics

Transaction Name Stage Est. Value
Suncor Energy/$2 billion/0315 Financial close 2000.00
Canacol Energy/$265 million/0217 Financial close 265.00
Lydian International/$50 million/0217 Financial close 50.00
Erin Energy/$100 million/0217 Financing 100.00
Iamgold/$250 million/0217 Financial close 250.00
No data available
More transactions

Trade Finance on Twitter