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Sitios Latam steers clear of international bond market

Sitios Latam steers clear of international bond market

December 5, 2022 | Hernán Goicochea
América Móvil's towers spin-off does not plan to raise debt in the international market after receiving its first rating from S&P, source says

Corporate & Sovereign Strategy Credit Ratings S&P Global Bonds Debt Fixed Income Capital Markets Mexico Telecoms Mobile

Sitios Latinoamérica, a Mexican cell phone tower business, does not plan to issue bonds in the international market or seek other types of financing after receiving a first-time rating from S&P Global Ratings, according to a company source. “The evaluation process for S&P's rating began many months ago and simply responds to the corporate culture of the group companies where we like to keep monitoring the large rating agencies in order to reflect transparency and certainty,” the source t

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