America Movil Presses CHF Limits in Retap

May 15, 2013

It might not have pushed boundaries in the way Petrobras did Monday, but a CHF300m ($311m) reopening of America Movil's 2018 has set new marks in a Swiss market that has become increasingly active for LatAm issuers this year. Regional borrowers in the currency are off to the fastest start in at least a decade, raising $1.2bn so far this year. The Mexican...

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“The crisis has been a setback for reserve diversification."

Jan Dehn, Ashmore Investment Management