The Firm represented Morgan Stanley & Co. LLC, BofA Securities, Inc. and Barclays Capital Inc., as underwriters, in connection with the public offering of US$750 million aggregate principal amount of 4.7% Senior Notes due 2032 by América Móvil, S.A.B. de C.V. América Móvil will use the net proceeds of this offering for general corporate purposes.
América Móvil, which is organized in Mexico, is a leading telecommunications services provider in Latin America, ranking first in wireless, fixed-line, broadband and Pay TV services based on the number of revenue generating units (“RGUs”). América Móvil’s largest operations are in Mexico and Brazil. América Móvil also has operations in 15 other countries in the Americas and 7 countries in Central and Eastern Europe. As of June 30, 2022, América Móvil had 305.8 million wireless subscribers and 74.6 million fixed RGUs.
The Simpson Thacher team for this transaction included Juan Francisco Méndez, Kirsten L. Davis, Enrique Guijosa and Francisco Ducci (Capital Markets); Jonathan Cantor (Tax); and Jennie Getsin (FINRA/Blue Sky).