By Christine Van Dusen
Atlanta, July 2 - Mexico's America Movil SAB de CV priced at €1 billion issue of 3% notes due July 12, 2021 (A3) at 99.977 to yield 3.003%, or mid-swaps plus 113 basis points, a market source said.
Deutsche Bank and HSBC were the bookrunners for the Securities and Exchange Commission-registered deal.
Proceeds will be used for general corporate purposes, including the repayment of debt, according to the company's SEC filing.
America Movil is a Mexico City-based telecommunications company.
| Issuer: | America Movil SAB de CV
|
| Amount: | €1 billion
|
| Maturity: | July 12, 2021
|
| Description: | Notes
|
| Bookrunners: | Deutsche Bank, HSBC
|
| Coupon: | 3%
|
| Price: | 99.977
|
| Yield: | 3.003%
|
| Spread: | Mid-swaps plus 113 bps
|
| Trade date: | July 2
|
| Settlement date: | July 12
|
| Rating: | Moody's: A3
|
| Distribution: | Securities and Exchange Commission registered
|
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