AMX prints third global peso bond

AMX prints third global peso bond


America Movil was heard to raise MXN17.5bn ($1.35bn) in a global peso bond on Monday, its third sale under its titulos de creditos extranjero program. The deal came in less than the MXN25bn maximum that the Mexican telecom had been targeting, which sources following the deal attributed to volatile markets and liquidity concerns. The borrower is understood to have sold a MXN10bn five-year bond, in line with the size target indicated by the borrower in regulatory filings. But a MXN7.5bn 10-year tr

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