LONDON - Petroleos Mexicanos, the Mexican oil company, has launched a one-year, $100 million revolving credit facility, according to Australia and New Zealand Banking Group.

The facility carries a commitment fee of 0.125% per year and a maximum interest rate margin over the London interbank offered rate of 0.875% according to the banking group, which arranged the credit.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.