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Wireless

America Movil to secure USD 4 bln loan – report

Tuesday 26 April 2011 | 07:52 CET | News
America Movil is close to completing the acquisition of a credit line of USD 4 billion, Reuters/IFR reports. The funding includes a 3.5-yera loan of USD 2 billion guaranteed by HSBC, BBVA Bancomer, Bank of Tokyo Mitsubishi, Citigroup, Intesa y Mizuho. Another 5-year loan of USD 2 billion would also be guaranteed by Bank of Tokyo Mitsubishi, Citigroup, Intesa, JP Morgan and Societe Generale.

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Categories: Mobile & Wireless
Companies: America Movil
Countries: Latin America
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