Telmex Downloads Local Jumbo

Telmex has sold MXP6bn in domestic floating-rate bonds, including MXP4bn in 2014 bonds at TIIE plus 95bp and MXP2bn in 2016 bonds at TIIE plus 125bp. Proceeds will help refinance a 4.75% coupon $950m dollar bond due next year, and cover general corporate purposes. In July, Telmex sold MXP8bn in 2011 bonds at TIIE plus 74bp and 2013s at TIIE plus 95bp. Inbursa and Banamex managed the sale, rated AAA on a national scale.