New Issue: Mexico's America Movil prices Ps. 7.5 billion 6.45% notes due 2022 to yield 5.76%

By Christine Van Dusen

Atlanta, Feb. 26 - Mexico's America Movil SAB de CV priced a Ps. 7.5 billion issue of 6.45% notes due Dec. 5, 2022 (A2/A-/A) at 105.129 to yield 5.76%, according to an FWP filing with the Securities and Exchange Commission.

BBVA, Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC, Deutsche Bank Securities Inc., HSBC Securities (USA) Inc. and Morgan Stanley & Co. LLC were the bookrunners for the Securities and Exchange Commission-registered transaction.

The existing size of the issue was Ps. 15 billion.

America Movil is a Mexico City-based telecommunications company.

Issuer:	America Movil SAB de CV
Amount:	Ps. 7.5 billion
Maturity:	Dec. 5, 2022
Description:	Notes
Bookrunners:	BBVA, Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC, Deutsche Bank Securities Inc., HSBC Securities (USA) Inc., Morgan Stanley & Co. LLC
Coupon:	6.45%
Price:	105.129
Yield:	5.76%
Spread:	75 bps over 6.5% MBONO due June 9, 2022
Trade date:	Feb. 25
Settlement date:	March 4
Ratings:	Moody's: A2
	Standard & Poor's: A-
	Fitch: A
Distribution:	Securities and Exchange Commission registered in United States and CNBV registered in Mexico

© 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.