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Published on 3/27/2023 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

Grupo Bimbo to redeem $500 million subordinated notes

By Mary-Katherine Stinson

Lexington, Ky., March 27 – Mexico’s Grupo Bimbo SAB de CV announced it will redeem in full its $500 million subordinated perpetual notes (ISIN: US40052VAF13), according to a company news release.

The issuer has requested Euronext Dublin to remove the notes from the global exchange market effective March 24.

Grupo Bimbo is a Mexico City-based bakery and food company.


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