
Grupo Bimbo S.A. de C.V., founded in 1945 and headquartered in Mexico City, Mexico, is a global leader in the baking industry, dedicated to the production and distribution of a wide range of baked goods and snacks. The company operates in over 30 countries and is well-known for its iconic brands, including Bimbo, Marinela, and Entenmann's, catering to diverse consumer preferences across various markets.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
BIMBOA 8.18% 2027-09-24 MXNGrupo Bimbo S.A.DE C.V | Mexico | 2027-09-24 | 8.180 | 9.12 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Grupo Bimbo began issuing bonds in 2015, marking its entry into the capital markets to support its growth strategy and acquisitions. Notably, the company issued $500 million in senior unsecured notes in 2020, with a maturity of 10 years, which attracted significant investor interest due to its strong credit profile and solid market position. As of now, Grupo Bimbo's bond yields remain competitive compared to industry peers, reflecting the company’s robust financial health and consistent performance. The recent launch of a new sustainability-focused bond initiative demonstrates Grupo Bimbo’s commitment to responsible investment practices, enhancing its appeal to socially conscious investors.