Mexico - 02

Mexico: Pemex’s Sale and Leaseback Agreements

Horizon contacts have recently confirmed that sale and leaseback agreements are at the top of the Pemex’s agenda. Back in November 2015, Pemex Industrial Transformation (PTI) head Alejandro Martinez Sibaja announced that Pemex would use these agreements to move forward with projects that could not be delayed. Through them, Pemex can sell certain assets and lease them back for a set fee, providing the company with the immediate capital necessary to continue some of its priority projects to sustain crude production.

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