America Movil Ponders Titulos Retap

America Movil Ponders Titulos Retap

Mexico Bonds

Mexico’s America Movil is preparing the next reopening of its titulos de credito extranjero global peso securities, according to people familiar with the plans, with a transaction possible as soon as this week. The Carlos Slim telecom aims to tap the securities – offering seamless sale to international and domestic investors – once per quarter, though it had to hold off due to broader market volatility in the middle of the year. Plans earlier this year were for the next retap to be up to MXP10bn

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