FITCH: PENSION REFORM AGREEMENT WILL LESSEN PEMEX LIABILITIESPension Reform Agreement • November 13th, 2015
Contract Type FiledNovember 13th, 2015Fitch Ratings-New York/Chicago-13 November 2015: Petroleos Mexicano's (Pemex's) announcement on Wednesday that it had concluded negotiations with its labor union to reform its pension system is credit positive for the company but neutral for its credit rating, according to Fitch Ratings.