Exhibit 99.1
PETRÓLEOS MEXICANOS
Offers to Exchange Securities
which have been
Registered under the Securities Act of 1933, as amended,
and which are
Jointly and Severally Guaranteed by
Pemex Exploración y Producción, Pemex Transformación Industrial, Pemex Perforación y Servicios and Pemex Logística,
for any and all of its Corresponding Outstanding Securities
| | | | | | |
CUSIP Nos. of Old Securities | | ISIN Nos. of Old Securities | | Old Securities of Petróleos Mexicanos | | Corresponding New Securities of Petróleos Mexicanos, which have been registered under the Securities Act |
| | | |
71654QCH39 (Rule 144A) P78625DD2 (Reg. S) | | US71654QCH39 (Rule 144A) USP78625DD22 (Reg. S)
| | U.S. $2,500,000,000 5.350% Notes due 2028 | | Up to U.S. $2,500,000,000 5.350% Notes due 2028 |
| | | |
71654QCM2 (Rule 144A) P78625DV2 (Reg. S) | | US71654QCM24 (Rule 144A) USP78625DV20 (Reg. S) | | U.S. $2,000,000,000 6.500% Notes due 2029 | | Up to U.S. $2,000,000,000 6.500% Notes due 2029 |
| | | |
71654QCJ9 (Rule 144A) P78625DE0 (Reg. S) | | US71654QCJ94 (Rule 144A) USP78625DE05 (Reg. S)
| | U.S. $3,328,663,000 6.350% Bonds due 2048 | | Up to U.S. $3,328,663,000 6.350% Bonds due 2048 |
Pursuant to the Prospectus dated , 2018
To: | Brokers, Dealers, Commercial Banks, |
| Trust Companies and Other Nominees: |
Upon and subject to the terms and conditions set forth in the prospectus, dated , 2018 (the “Prospectus”), Petróleos Mexicanos (the “Issuer”), a productive state-owned company of the Federal Government of the United Mexican States, and Pemex Exploración y Producción, Pemex Transformación Industrial, Pemex Perforación y Servicios and Pemex Logística (the “Guarantors”), are making offers to exchange (the “Exchange Offers”) registered 5.350% Notes due 2028, registered 6.500% Notes due 2029 and registered 6.350% Bonds due 2048 (together, the “New Securities”) for any and all outstanding 5.350% Notes due 2028, 6.500% Notes due 2029 and 6.350% Bonds due 2048 (together, the “Old Securities”) of the Issuer. The Exchange Offers are being made in order to satisfy certain of the Issuer’s obligations under the Registration Rights Agreements referred to in the Prospectus.
We are requesting that you contact your clients for whom you hold any Old Securities regarding the Exchange Offers. For your information and for forwarding to your clients for whom you hold Old Securities registered in your name or in the name of your nominee, or who hold any Old Securities registered in their own names, we are enclosing multiple sets of the following documents:
1. Prospectus dated , 2018;
2. A form letter that may be sent to your clients for whose account you hold any Old Securities registered in your name or the name of your nominee, with space provided for obtaining such clients’ instructions with regard to the Exchange Offers.