America Movil €3 billion convertible bond issue

20/5/2015

Convertible and hybrid securities, Investment grade bond/note issue

Value:

€ 3 billion

Dollar value:

$ 3.139 billion

Status:

Completed

Date:

20/5/2015

Overview:

Mexican telecommunications company America Movil has undertaken a €3 billion convertible bond issue.
The bonds are exchangeable into shares of Dutch telecommunications company Koninklijke KPN.
The offering has a maturity of five years and will not bear interest.

Rani Mehta - Journalist

Jurisdictions:

Mexico
Netherlands
United Kingdom

Deal types:

Convertible and hybrid securities
Investment grade bond/note issue

Practice area:

Capital markets : Debt

Industry sector:

Technology and telecommunications

Firm:

Cleary Gottlieb Steen & Hamilton

Party: America Movil (Issuer)

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