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Published on 11/17/2014 in the Prospect News Emerging Markets Daily, Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

Gruma announces Dec. 15 redemption for all 7¾% perpetual bonds

By Tali Rackner

Norfolk, Va., Nov. 17 – Gruma SAB de CV called all of its 7¾% perpetual bonds, according to a notice.

The bonds will be redeemed at par plus accrued interest on Dec. 15.

The Bank of New York Mellon is the paying agent.

Gruma, based in Monterrey, Mexico, is involved in the production, marketing, distribution and sale of corn flour, packaged tortillas and wheat flour.


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