America Movil Debt Sales to Decline After ‘Exceptional’ 2010
This article is for subscribers only.
America Movil SAB, the biggest debt issuer in Latin America last year, will reduce bond sales in 2011, having met its needs for long-term financing and a $23 billion acquisition, the company’s chief financial officer said.
“I don’t foresee such exceptional operations,” CFO Carlos Garcia Moreno said last week in a telephone interview. “Today we have a good liquidity position.”