AMX Hybrids Kick Off September DCM Pipeline

Sep 3, 2013

America Movil (AMX) got September's new bond issuance rolling with a $2.77bn 60-year hybrid sale in Europe, while investors and bankers note the extent of this month's volume will largely depend upon macro headlines. The Mexican telecom priced GBP550m ($859m) in 2073 NC7 bonds at 99.437 with a 6.375% coupon to yield 6.478%, or mid-swaps plus 410bp, according to wire and local news reports. A EUR900m ($1.18bn) 2073 NC5 priced at 99.463 with a 5.125%...

To continue reading please take a free trial, subscribe or login below.

Already have an account?


Subscribe now for unlimited access to all current and archive news, data and market analysis. 


Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial

LatinFinance Events


Which area will be most profitable for investment banks in LatAm in 2016?