New York, April 01, 2016 -- Moody's Investors Service has downgraded the global foreign currency rating of the notes issued by Pemex Finance Ltd to Baa3 (sf) from Baa1 (sf). This follows the rating action that downgraded the foreign currency and global local currency debt ratings of Petróleos Mexicanos (PEMEX) to Baa3 from Baa1 on 31 March 2016. This action concludes the review Moody's initiated on 22 January 2016, when it placed the ratings under review for downgrade.
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