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 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 |
Pursuant to the Prospectus dated , 2022
To: | Brokers, Dealers, Commercial Banks, |
| Trust Companies and Other Nominees: |
Upon and subject to the terms and conditions set forth in the prospectus, dated , 2022 (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 and Pemex Logística and their respective successors and assignees (the “Guarantors”), are making 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. 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 , 2022;