Grupo Bimbo Mex$8 billion bond issue

14/9/2016
Investment grade bond/note issue

Mex$ 8 billion

Completed

14/9/2016


Overview:

  • Grupo Bimbo has issued Mex$8 billion of 7.56% notes, which reach maturity in 10 years.
  • BBVA, Merrill Lynch and Santander were underwriters
  • This is part of Grupo Bimbo's Mex$20 billion note programme. 
  • Grupo Bimbo is a Mexico City-based bakery product company. 

Rani Mehta - Journalist

 

Jurisdiction:

Mexico

Deal type:

Investment grade bond/note issue

Practice area:

Capital markets : Debt

Industry sector:

Food and beverage


Firm:

Party: Grupo Bimbo (Issuer)

Party: BBVA (Underwriter)

Party: Banco Santander (Underwriter)

Party: Merrill Lynch Pierce Fenner & Smith (Underwriter)