Bimbo Pares $135m from Acquisition Loan

Bimbo Pares $135m from Acquisition Loan

Loans

Bimbo has prepaid $135m from a $900m loan supporting last year’s acquisition of Weston Foods’ US operations. The loan, due 2012, pays Libor/TIIE plus 250bp, and was part of a package signed in January that also includes a $800m 5-year loan at Libor p

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