Exhibit 99.2
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 and Pemex Logística and their respective successors and assignees,
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 |
71654Q DG4 (Rule 144A) P7S08V BZ3 (Reg. S) | | US71654QDG47
(Rule 144A) USP7S08VBZ31 (Reg. S) | | U.S. $1,500,000,000 of 6.875%
Notes due 2025 | | Up to U.S. $1,500,000,000 of
6.875% Notes due 2025 |
71643V AA3 (Rule 144A) P8000U AA7 (Reg. S) | | US71643VAA35
(Rule 144A) USP8000UAA71 (Reg. S) | | U.S. $6,813,567,000 of 6.700%
Notes due 2032 | | Up to U.S. $6,813,567,000 of
6.700% Notes due 2032 |
To Our Clients:
Enclosed for your consideration is a prospectus of 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 and Pemex Logística and their respective successors and assignees (the “Guarantors”), dated , 2022 (the “Prospectus”), relating to the offers to exchange (the “Exchange Offers”) registered 6.875% Notes due 2025 and registered 6.700% Notes due 2032, (together, the “New Securities”) for any and all outstanding 6.875% Notes due 2025 and 6.700% Notes due 2032 (together, the “Old Securities”) of the Issuer, upon the terms and subject to the conditions described in the Prospectus. 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.
The material is being forwarded to you as the beneficial owner of the Old Securities carried by us in your account but not registered in your name. A tender of such Old Securities may only be made by us as the holder of record and pursuant to your instructions.
Accordingly, we request instructions as to whether you wish us to tender on your behalf any Old Securities held by us for your account, pursuant to the terms and conditions set forth in the enclosed Prospectus. We also request that you confirm that we may, on your behalf, make the representations and warranties contained in the Prospectus in the section captioned “The Exchange Offers—Holders’ Deemed Representations, Warranties and Undertakings.”
Your instructions should be forwarded to us as promptly as possible in order to permit us to tender the Old Securities on your behalf in accordance with the provisions of the Exchange Offers. The Exchange Offers will expire at 5:00 p.m., New York City time, on , 2022 (the “Expiration Date”), unless extended by the Issuer. The Old Securities tendered pursuant to the Exchange Offers may be withdrawn at any time before the Expiration Date, unless previously accepted by the Issuer.
