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MGI Supply Ltd. Sep 11

  • ID: 1927391
  • September 2011
  • Standard & Poors
1 of 3

FEATURED COMPANIES

  • Kot Insurance Co. A.G.
  • MEX GAS SUPPLY S.L.
  • Mexico
  • P.M.I. Trading Ltd.
  • Petroleos Mexicanos
  • MORE

Abstract
Business operations that are integrated with those of Petróleos Mexicanos (PEMEX); Full backing of the company's funding requirements by Pemex - Gas y Petroquímica Básica (PGPB); and Risk management policies and practices according to PEMEX's directives. Low operating margins; and Absence of stress and sensitive scenarios. Standard & Poor's Ratings Services' ratings on MGI Supply Ltd. are based on our view of the company as a business integrated with Mexico-based oil company Petróleos Mexicanos (PEMEX; foreign currency: BBB/Stable/–-; local currency: A-/Stable/–-). MGI is a wholly owned subsidiary of Pemex - Gas y Petroquímica Básica (PGPB; not rated), which in turn is a subsidiary of PEMEX. PGPB is MGI's main client, and its operations follow PEMEX's operating and trading needs. MGI...

Companies mentioned in this report are:
- MEX GAS SUPPLY S.L.
- Mexico
- Nacional Financiera S.N.C. (NAFIN)
- Banco Nacional de Comercio Exterior S.N.C.
- Comision Federal De Electricidad
- Petroleos Mexicanos
- Banco Nacional de Obras y Servicios Publicos S.N.C.
- Kot Insurance Co. A.G.
- Sociedad Hipotecaria READ MORE >

Note: Product cover images may vary from those shown
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- MEX GAS SUPPLY S.L.
- Mexico
- Nacional Financiera S.N.C. (NAFIN)
- Banco Nacional de Comercio Exterior S.N.C.
- Comision Federal De Electricidad
- Petroleos Mexicanos
- Banco Nacional de Obras y Servicios Publicos S.N.C.
- Kot Insurance Co. A.G.
- Sociedad Hipotecaria Federal S.N.C.
- Instituto Para La Proteccion al Ahorro Bancario
- P.M.I. Trading Ltd.
- Seguros de Credito a la Vivienda SHF S.A. de C.V.
- PMI Norteamerica S.A. de C.V.

Note: Product cover images may vary from those shown
3 of 3
Note: Product cover images may vary from those shown

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