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12.08.2014 18:10:00
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Petroleos Mexicanos -- Moody's: PEMEX and CFE pension liabilities would not be material to Mexico's creditworthiness
New York, August 12, 2014 -- The federal government of Mexico can assume a portion of the pension liabilities of the national oil company Petroleos Mexicanos (PEMEX, A3 stable) and the national electricity company Comision Federal de Electricidad (CFE, Baa1 stable) without a material impact on its credit quality, says Moody's Investors Service. Moody's discusses possible estimates of the fiscal costs of these liabilities in a new report "Pemex and CFE pension liabilities would not weigh materially on Mexico's creditworthiness."
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