Mexican telecoms group America Movil is planning to launch an offering of yuan-denominated senior notes, with HSBC as the sole bookrunning manager.
In a preliminary prospectus filed with the SEC, America Movil made clear that it was planning to issue a…
Mexican telecoms group America Movil is planning to launch an offering of yuan-denominated senior notes, with HSBC as the sole bookrunning manager.
In a preliminary prospectus filed with the SEC, America Movil made clear that it was planning to issue a bond, but the specific financial details were left blank.
The company, controlled by Mexican businessman Carlos Slim, said that it intended to use the net proceeds for general corporate purposes.
The Wall Street Journal reported that America Movil was looking to pay a yield of 3.5%-3.6% on the bond, which could be priced as early as Wednesday.