Petroleos Mexicanos Announces One-Day Extension Of Consent Solicitations

MEXICO CITY, June 18, 2014 /PRNewswire/ -- Petroleos Mexicanos announced today the extension to 5:00 p.m. (New York City time) on June 18, 2014 (the "Expiration Time") of the solicitation of consents from holders of each series of its outstanding debt securities for which consents were solicited pursuant to Petroleos Mexicanos' Consent Solicitation Statement dated as of June 3, 2014 (the "Pemex Consent Solicitation Statement") and Pemex Finance Ltd.'s Consent Solicitation Statement dated as of June 3, 2014 (the "Pemex Finance Consent Solicitation Statement").  Petroleos Mexicanos has extended the consent solicitations in order to allow for the processing of the volume of consents that were submitted and being processed at the original expiration time.

As indicated in each of the Pemex Consent Solicitation Statement and the Pemex Finance Consent Solicitation Statement, consenting holders of a series for which the required consents have been received may not revoke their consents.

Each of Petroleos Mexicanos and Pemex Finance solicited consents to amend each instrument governing these securities to align it with proposed changes in Mexican law resulting from reforms to the Mexican energy sector that are expected to be implemented in the near future.

Each of Petroleos Mexicanos and Pemex Finance has engaged Morgan Stanley & Co. LLC to act as global coordinator and solicitation agent and Merrill Lynch, Pierce, Fenner & Smith Incorporated and Deutsche Bank Securities Inc. as solicitation agents for the consent solicitations.  D. F. King & Co., Inc. has been engaged to act as the Information and Tabulation Agent for the consent solicitations.  Credit Suisse AG has been engaged to act as the Swiss Paying Agent for the consent solicitations in respect of the securities denominated in Swiss francs.  Any questions or requests for assistance regarding the consent solicitations may be made to Morgan Stanley at 800‑624‑1808 (U.S. toll-free), +1‑212‑761‑1057 (collect) or +44‑20‑7677‑5040 (international), BofA Merrill Lynch at 888‑292‑0070 (U.S. toll-free), +1‑646‑855‑8988 (collect) or +44‑20‑7995‑3715 (international) or Deutsche Bank at 855‑287‑1922 (U.S. toll-free), +1‑212‑250‑7527 (collect) or +44‑20‑7545‑8011 (international).  Questions or requests for assistance or additional copies of the Pemex Consent Solicitation Statement, the Pemex Finance Consent Solicitation Statement, Petroleos Mexicanos' Consent Solicitation Memorandum dated as of June 3, 2014 (the "Pemex Consent Solicitation Memorandum") and any related documents may be directed to D. F. King & Co., Inc. at pemex@dfking.com or at 800‑967‑7635 (U.S. toll-free) or +44‑20‑7920‑9700 (international).  Copies of the Pemex Consent Solicitation Statement, the Pemex Finance Consent Solicitation Statement, the Pemex Consent Solicitation Memorandum and any related documents are available at www.dfking.com/pemex.  Questions or requests regarding the consent solicitations relating to the securities denominated in Swiss francs may be directed to Credit Suisse AG at +41‑44‑333‑28‑86.

This press release is for informational purposes only and is not a solicitation of consents.  The consent solicitations are only being made pursuant to the Pemex Consent Solicitation Statement, the Pemex Consent Solicitation Memorandum and the Pemex Finance Consent Solicitation Statement.  The consent solicitations are subject to certain conditions and present certain risks for holders who consent, as set forth more fully in the Pemex Consent Solicitation Statement, the Pemex Consent Solicitation Memorandum and the Pemex Finance Consent SolicitationEach of Petroleos Mexicanos and Pemex Finance reserves the right to waive or modify any term of, or to terminate, the consent solicitations with respect of any of the series of securities for any reason prior to the applicable Expiration Time.

SOURCE Petroleos Mexicanos



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