Fitch assigns Pemex a ‘AA(mex)’ national rating with Stable outlook

Fitch Ratings, an American credit rating agency, assigned Petróleos Mexicanos (Pemex) a long-term national rating of “AA(mex)” on the local scale, with a Stable outlook. The rating is two notches below Mexico’s sovereign rating, currently “AAA.” According to Fitch, the assessment primarily…













