Dossier
BBB-
Coverage of BBB- in the Nexus archive.
- Fitch: Pemex Burden Costs Mexico a Notch, BBB- Holds
Fitch Ratings affirmed Mexico's sovereign credit rating at BBB- with a Stable outlook in April 2026 but noted that the financial burden of state oil company Pemex effectively reduces the country's creditworthiness by one full notch.