Mexico-based telecoms group America Movil is making a bond offering of E1bn of 4.125% notes due in 2019 and £500m of 5% senior notes maturing in 2026.
The offering has a cumulative dollar value of US$2.2bn.
According to an SEC filing, the euro notes,…
Mexico-based telecoms group America Movil is making a bond offering of E1bn of 4.125% notes due in 2019 and £500m of 5% senior notes maturing in 2026.
The offering has a cumulative dollar value of US$2.2bn.
According to an SEC filing, the euro notes, which carry a coupon of 4.125%, had an issue price of 99.049. The pound sterling notes, which carry a coupon of 5%, had an issue price of 99.280.
America Movil said that the net proceeds of the filing will be used for general corporate purposes, including capital expenditures.
Joint bookrunners for the euro notes are Credit Suisse and Deutsche Bank. The joint bookrunners for the pound sterling notes are Deutsche Bank and HSBC.
This follows a separate bond offering that the company issued last week, involving Y6.9bn (US$91m) of 1.23% bonds due in 2014 and Y5.1bn (US$67m) of its 1.53% notes due in 2016.
