America Movil SAB plans to issue more peso-denominated debt, prioritizing the Mexican market as the telecommunications company looks to align its financing structure with its revenues, its finance chief said.
Mexico City-based America Movil, which provides broadband, wireless and other services across Latin America, generates a sizeable portion of revenues back home. Still, the company until recently had to tap US or European debt markets for its funding needs, as the domestic pool of capital wasn’t deep enough, Carlos Garcia Moreno said in an interview.
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Publish date : 2024-12-02 05:47:00
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