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
ENSERVO/$30 million/0817 Financial close 30.00
CGG Trading/$170 million/0514 Financial close 170.00
Petrobras/$500 million/0814 Financial close 500.00
Kingfisher Midstream/$200 million/0817 Financial close 200.00
LINN Energy/$500 million/0817 Financial close 500.00
No data available
More transactions

Trade Finance on Twitter