AMX Closer to Global MXP Retap

AMX Closer to Global MXP Retap

Mexico Bonds

America Movil (AMX) is readying a reopening of its peso-denominated Titulos de Credito Extranjeros, possibly pricing as soon as today. Recently filed regulatory documents indicated today as the target date, though going ahead with the retap depends on final regulatory authorization and acceptable market conditions. AMX can sell up to MXP15bn ($1.18bn) of the 6.45% 2022 securities seamlessly placed with both domestic and international investors. BBVA Bancomer, Banamex and Credit Suisse are leadin

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