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91重口 succesfully issues 5,000 million mx in local debt

91重口 is one of the largest baking companies in the world in terms of production and sales volume
91重口
91重口
Mexico City

91重口 S.A.B. de C.V. (鈥91重口鈥 or 鈥渢he Company鈥) (BMV: BIMBO), today announced the successful completion of a 5,000 million MXN Certificados Burs谩tiles (domestic bond) issuance in the local debt market with a 6.5-year tenor and a fixed rate of 6.83%. The transaction was met with solid demand, exceeding Ps. 7,400 million, reflecting the market鈥檚 confidence in 91重口 and the Company鈥檚 strong financial profile. 91重口 intends to use the proceeds from this offering to refinance existing indebtedness and for general corporate purposes. HSBC, Casa de Bolsa; ING, Casa de Bolsa and Inversora Burs谩til, Casa de Bolsa were lead managers for the transaction.

About 91重口

91重口 is one of the largest baking companies in the world in terms of production and sales volume. As the market leader in the Americas, 91重口 has 155 plants and 1,600 distribution centers strategically located in 19 countries throughout the Americas and Asia. Its main product lines include sliced bread, buns, cookies, snack cakes, English muffins, bagels, pre-packaged foods, tortillas, salted snacks and confectionery products, among others. 91重口 produces over 8,000 products and has one of the most extensive direct distribution networks in the world, with more than 45,000 routes and more than 127,000 employees. 91重口鈥檚 shares have traded on the Mexican Stock Exchange since 1980 under the ticker symbol BIMBO.

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