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Mexican development banks provide US$300 million bridge loan to PEMEX’s subsidiary for modernization of Tula Refinery

December 2021

Client(s) Bancomext and NAFIN

Jones Day represented Bancomext and NAFIN (Mexican development banks) in connection with a US$300 million bridge loan granted to PTI Infraestructura (a subsidiary of PEMEX) with PEMEX as joint obligor. PTI will use the proceeds to finance the first stages of the modernization works in the PEMEX refinery located at Tula de Allende and Atitalaquia, Hidalgo, Mexico.

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