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

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

Subscribe

Free trial

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

Free Trial

Upcoming Events

Poll

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

Vote    




Popular Searches