America Movil Prices Local Debt

America Movil has priced MXP4.5bn in fixed and floating-rate local bonds. A MXP2bn 2016 priced at par with a 7.39% coupon, and a MXP2.5bn 2010 floater priced at TIIE minus 0.1%. Credit Suisse led the floater, while ING led the fixed-rate offering. Inversora Bursatil and JPMorgan were co-managers on both.