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AMX Continues Fundraising Spree

Jul 10, 2012

America Movil (AMX) returned to the dollar bond market for $2bn, pricing competitively to its curve and adding to the EUR1bn ($1.25bn) raised in Europe last week. “We thought there was a good window right now. Last week we had just had the first information out of Europe in a long time that was positive. We thought that was going to be reflected in the markets, which it was,” CFO Carlos Garcia Moreno tells LatinFinance. The wireless provider controlled by Carlos Slim priced a...

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There is performance risk that the market is going to have to evaluate and assess. I think that is very healthy for the market because that will enable us to finance a much wider range of projects.

Luis Fernando Andrade, Colombian National Infrastructure Agency


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