Telmex to raise USD2 billion debt offering

11 Dec 2003

Mexico’s largest telecoms operator Telmex yesterday registered with the US Securities and Exchange Commission to sell up to USD2 billion of debt. The telco plans to use the funds to repay its liabilities, as well as for general corporate purposes. Telmex acquired the assets of AT&T Latin America in November, giving it a presence in Chile, Argentina, Brazil, Peru and Colombia.