Having over the years issued a variety of bonds in a number of
markets globally, América Móvil is no stranger to
accolades for its borrowing.
Best Corporates: The pioneer
Unfraid to push the boundaries, América Móvil landed yet another first with a much-lauded global-local security
In the past year, it has sold dollar and sterling deals, as
well as one of LatAm's largest-ever Swiss franc-denominated
transactions. The standout, though, was an innovative new
global-local security that offers corporates the same ease of
execution afforded the Mexican sovereign.
The bonds, dubbed Títulos de Crédito
Extranjero, are sold seamlessly to both foreign and Mexican
investors without the need for a depository note. The
instrument, which has already been replicated by another
Mexican borrower, marks out América Móvil as the
Latin American corporate with the best bond market
The company debuted the instrument in November, selling 15
billion pesos ($1.15 billion) of 10-year...
Already have an account?
Subscribe now for unlimited access to all current and archive news, data and market analysis.
Take a free two-week trial now for the latest news, data and market analysis.