Simpson Thacher Represents Underwriters in Foreign Currency-Denominated Debt Offering by América Móvil, S.A.B. de C.V.

The Firm represented underwriters, led by Deutsche Bank, Credit Suisse and HSBC, in connection with a public offering by América Móvil, S.A.B. de C.V. of the equivalent of approximately U.S.$2.2 billion principal amount of debt securities denominated in euro and pounds sterling.  The debt securities consisted of €1 billion of 4.125% Senior Notes due 2019 and £500 million of 5.000% Senior Notes due 2026.

América Móvil, which is organized in Mexico, is the largest provider of wireless communications services in Latin America, based upon its 235 million subscribers in 18 countries at June 30, 2011. Mexico, Brazil and Colombia are América Móvil’s single largest markets for wireless communications.  América Móvil also has major fixed-line operations in Mexico, Brazil and 12 other countries.
The Simpson Thacher team for the transaction included, among others, Glenn M. Reiter and Kirsten L. Davis (Capital Markets – New York), Till I. Lefranc (Capital Markets – London), and Jonathan Cantor and Danny Salinas (Tax).