America Movil S.A.B. de C.V. -- Moody's assigns ratings to America Movil's up to MXN 15 billion in debt securities

Mexico, September 23, 2013 -- Moody's de México assigned A2 global local currency and Aaa.mx national scale ratings to America Movil's proposed issuance of up to MXN 15 billion in debt securities ("títulos de crédito extranjeros"). The notes will be senior unsecured debt obligations of America Movil and will be due in 5 years. Proceeds from the notes will be used for corporate purposes, including debt refinancing. The assigned A2 rating was placed under review for downgrade, in line with Améríca Móvil's A2 rating that was placed under review for downgrade on August 12th, 2013, following its announced tender offer for the outstanding shares of Koninklijke KPN N.V. ("KPN", Baa2 negative). All other ratings remain unchanged.

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