Pemex debt hits $65 billion and rising
Monday, July 18, 2016
![](https://www.centralamericalink.com/storage/images/2017/02/07/201607180955100.pemex.jpg)
Production is falling, losses mount up and the debt is growing. Pemex, the Mexican state oil company is facing a severe crisis.
the most recent attempt to stave off the problems was a $771 million 10-year bond in Japanese yens, Now the long-term debt is $65 billion.
Full story in Spanish