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Axtel SAB de CV (AXTELCPO.MX)

AXTELCPO.MX on Mexico Stock Exchange

4.47MXN
19 Apr 2018
Change (% chg)

$0.03 (+0.68%)
Prev Close
$4.44
Open
$4.67
Day's High
$4.69
Day's Low
$4.39
Volume
773,436
Avg. Vol
1,886,231
52-wk High
$4.98
52-wk Low
$3.28

Latest Key Developments (Source: Significant Developments)

Fitch Rates Axtel's Proposed USD500 Million Notes 'BB- (EXP)'

(The following statement was released by the rating agency) CHICAGO, November 02 (Fitch) Fitch Ratings has assigned a 'BB-(EXP)' rating to Axtel S.A.B. de C.V.'s (Axtel) proposed issuance of up to USD500 million of senior unsecured notes due 2024. The proceeds from the issuance are expected to be used to refinance the company's existing bank loans and related issuance expenses. KEY RATING DRIVERS Axtel's ratings reflect the company's solid market position in the enterprise telecom business segme