AMX to Revisit Global Peso Tap in 3Q

AMX to Revisit Global Peso Tap in 3Q

Mexico Bonds

America Movil (AMX) aims to reinstate quarterly reopenings of its 2022 Titulos de Credito Extranjero bonds this quarter after skipping 2Q, CFO Carlos Garcia Moreno tells LatinFinance. “The notion is to reopen the Titulos every quarter which was meant to give investors a sense of liquidity, but with broad moves in rates the last thing investors want to hear about is new supply,” he says. The issuer has been reopening quarterly the security sold seamlessly to foreign and international investors, a

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