Mexican breadmaker Bimbo to carry out early repurchase of $600 mln of 2022 bonds

  • 3/26/2021
  • 00:00
  • 3
  • 0
  • 0
news-picture

Mexican breadmaker Grupo Bimbo notified holders of its Bimbo 2022 bonds that it will carry out a $600 million early repurchase of the bonds, the company said in a filing with the Mexican stock exchange on Friday. The company said it will use part of a credit line to carry out the repurchase and will be left with $1.4 billion available in that credit line once the program has been finalized, the filing said. (Reporting by Raul Cortes and Cassandra Garrison; Editing by Leslie Adler)

مشاركة :