AMX Returns for Well-Bid Global Peso Retap

AMX Returns for Well-Bid Global Peso Retap

Mexico Bonds

America Movil (AMX) has raised MXP7.5bn ($587m) in the first reopening of its peso-denominated 2022 Titulos de Credito Extranjeros securities, with order books topping MXP17bn. Keeping in line with intentions for regular issuance of the MXP-denominated securities sold seamlessly to international and domestic investors, the Mexican telecom has now built up the total size to MXP22.5bn. AMX reopened the 6.45% coupon bonds at 105.129 to yield 5.76%, or Mbonos+75bp, the tight end of 75bp-80bp guidanc

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