January 29, 2016 / 11:15 PM / 2 years ago

S&P downgrades stand alone credit profile for Mexico's Pemex

MEXICO CITY, Jan 29 (Reuters) - Credit ratings agency Standard & Poor’s said on Friday it had downgraded the stand-alone credit profile for Mexican national oil company Pemex one notch, to BB from BB+, due to low oil prices.

Reporting by David Alire Garcia

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