Copying and distributing are prohibited without permission of the publisher.

Watermark

América Móvil cheapens €2.2bn exchangeable

Carlos_Slim_PA_575_375
By Aidan Gregory
24 Feb 2021

América Móvil, the Mexican telecommunications company controlled by Carlos Slim, had to cheapen the terms of its €2.2bn bond exchangeable into shares in Dutch telco KPN, but still achieved a remarkably cheap refinancing of a non-core stake.

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free Trial
By Aidan Gregory
24 Feb 2021