AMX Readies Quarterly Tap

AMX Readies Quarterly Tap

Mexico Bonds

America Movil (AMX) is preparing its next retap of the peso-denominated 2022 Titulos de Credito Extranjeros, which would raise the outstanding size of the securities sold seamlessly to foreign and international investors to as much as MXP32.50bn ($12.65bn). The transaction may raise up to MXP10bn, according to Moody’s, and is expected as soon as the next few days, according to people following the deal. HSBC, Deutsche Bank, Morgan Stanley are expected to manage, with BBVA Bancomer, Banamex and C

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