By Christine Van Dusen
Atlanta, May 14 - Mexico's America Movil SAB de CV priced a CHF 300 million increase of its 1 1/8% notes due Sept. 12, 2018 (A2/A-/A) at 101.061 to yield mid-swaps plus 47 basis points, a market source said.
The notes were talked at a spread in the mid-swaps plus 48 bps area.
Credit Suisse was the bookrunner for the deal.
The original CHF 250 million issue of 1 1/8% notes due 2018 came to the market in August 2012 at 99.942 to yield 1.135%, or mid-swaps plus 68 bps.
America Movil is a Mexico City-based telecommunications company.
| Issuer: | America Movil SAB de CV
|
| Amount: | CHF 300 million
|
| Maturity: | Sept. 12, 2018
|
| Description: | Notes
|
| Bookrunner: | Credit Suisse
|
| Coupon: | 1 1/8%
|
| Price: | 101.061
|
| Spread: | Mid-swaps plus 47 bps
|
| Trade date: | May 14
|
| Settlement date: | June 6
|
| Ratings: | Moody's: A2
|
| Standard & Poor's: A-
|
| Fitch: A
|
| Price talk: | Mid-swaps plus 48 bps area
|
| Original issue: | CHF 250 million priced in August 2012 at 99.942 to yield 1.135%, or mid-swaps plus 68 bps
|
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