America Movil is a Mexican multinational telecommunications company, controlled by Carlos Slim, that stands as one of the world's largest providers of mobile, fixed-line, internet, and pay-TV services, with extensive operations primarily across Latin America.
This financial analysis details a specific debt instrument issued by America Movil, a prominent telecommunications conglomerate headquartered in Mexico, recognized globally for its extensive operations primarily across Latin America in wireless, fixed-line, broadband, and pay-TV sectors. The bond, identified by ISIN code USP0280ADW82 and CUSIP P0280ADW8, was denominated in USD and featured a 5% coupon interest rate. Launched with a substantial total issue size of $2,000,000,000, this instrument was accessible with a minimum purchase amount of $100,000, targeting larger investors. It concluded its lifecycle on March 30, 2020, having successfully matured and been fully reimbursed at par, evidenced by its consistent market price of 100% during its operational period, which underscored investor confidence and the issuer's robust financial standing. Interest payments were distributed semi-annually, aligning with a frequency of two per year. The bond and its issuer, America Movil, were rated BBB+ by Standard & Poor's (S&P), indicating a sound investment-grade credit quality, characterized by adequate capacity to meet financial commitments.
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