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America Movil Raises $2.75B In Note Sale

America Movil has raised $2.75 billion through a two-part sale of senior notes.

America Movil has raised $2.75 billion through a two-part sale of senior notes, Reuters reports. The first tranche of $2 billion notes, which carry a coupon rate of 2.375 percent, will mature on Sept. 8, 2016.

The second tranche of $750 million notes, carrying a coupon rate of 6.125 percent, will mature on March 30, 2040. Bank of America Corp. and J.P. Morgan were joint bookrunners for the offering.

Click here for the story from Reuters.

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