Baker gets more MXN bonds

Baker gets more MXN bonds

Mexico Bonds

Mexican baker Grupo Bimbo has printed MXN10bn ($548m) in 2027 fixed-rate bonds, which it intends to use for debt refinancing and to partially cover the acquisition of East Balt Bakeries. Leads amassed roughly MXN16.1bn in orders on Wednesday, before pricing the 8.18% notes to yield 125bp over the 2027 Mbono, LatinFinance understands.Bank of America Merrill Lynch, BBVA Bancomer, Citibanamex and Scotiabank coordinated the sale, which is the second in a MXN20bn debt shelf.Fitch Ratings and S&a

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