Shearman & Sterling represented Barclays Bank PLC, HSBC Bank plc and Morgan Stanley & Co. International plc as joint lead managers and joint bookrunners in connection with an issuance of €1,000,000,000, 3.75% notes due 2026 of Petróleos Mexicanos (“Pemex”) and guaranteed by its wholly owned subsidiaries Pemex-Exploración y Producción, Pemex-Refinación and Pemex-Gas y Petroquímica Básica.
The following Shearman & Sterling team advised the joint lead managers and joint bookrunners in the transaction: partner Stuart Fleischmann (New York-Capital Markets); associates Grissel Mercado (New York-Capital Markets), Richard Bass (São Paulo-Capital Markets), Jeffrey Tate (Washington, DC-Tax) and Scott Lucas (San Francisco-Capital Markets); and international associate Ivan Iais (New York-Capital Markets).
