Fitch: America Movil bonds A

Fitch Ratings said it assigned an A rating to America Movil SAB de CV's to the CHF 250 million 1.125% bonds due 2018.

The agency said America Movil and its subsidiaries' ratings are supported by diversified fixed and wireless operations across Latin America, multiple service platforms, large scale, strong free cash flow, ample financial flexibility and policy of having a sound financial and liquidity profile.

The ratings incorporate the expectation that management will maintain a relatively conservative financial profile over the long term.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.