By Christine Van Dusen
Atlanta, July 15 - Mexico's America Movil SAB de CV priced sterling-denominated notes due in 2033 and euro-denominated notes due in 2023 (A2/A-/A-) in a Securities and Exchange Commission-registered deal, a market source said.
The deal included £300 million 4.948% notes due July 22, 2033 that priced at par to yield 4.948%.
The bookrunners for the sterling notes due in 2033 were Credit Suisse and Banco Santander.
The second tranche totaled €750 million 3.259% notes due July 22, 2023 that priced at par to yield 3.259%, or mid-swaps plus 135 basis points.
The bookrunners for the euro notes due in 2023 were Citigroup and Credit Suisse.
The proceeds will be used for general corporate purposes.
America Movil is a Mexico City-based telecommunications company.
| Issuer: | America Movil SAB de CV
|
| Description: | Senior notes
|
| Trade date: | July 15
|
| Settlement date: | July 22
|
| Ratings: | Moody's: A2
|
| Standard & Poor's: A-
|
| Fitch: A-
|
| Distribution: | Securities and Exchange Commission registered
|
|
|
| Sterling notes
|
| Amount: | £300 million
|
| Maturity: | July 22, 2033
|
| Bookrunners: | Credit Suisse and Banco Santander
|
| Co-managers: | Banca IMI and Citigroup
|
| Coupon: | 4.948%
|
| Price: | Par
|
| Yield: | 4.948%
|
| Call options: | Make-whole call at Sterling benchmark rate plus 15 bps
|
|
|
| Euro notes
|
| Amount: | €750 million
|
| Maturity: | July 22, 2023
|
| Bookrunners: | Citigroup and Credit Suisse
|
| Co-managers: | Banca IMI and Banco Santander
|
| Coupon: | 3.259%
|
| Price: | Par
|
| Yield: | 3.259%
|
| Spread: | Mid-swaps plus 135 bps
|
| Call options: | Make-whole call at Bunds plus 15 bps
|
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