GRUPO BIMBO, S.A.B. de C.V. Announces Cash Tender Offer for Any and All of its Outstanding 3.875% Senior Notes Due 2024
October 30, 2023 at 09:12 am EDT
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GRUPO BIMBO, S.A.B. de C.V. announced that it commenced a tender offer to purchase for cash from each holder any and all of its Outstanding 3.875% Senior Notes due 2024 (CUSIP Nos. 40052V AC8 /P4949B AJ3; ISIN Nos. US40052VAC81 /USP4949BAJ37) (the "Notes") issued by the Company (the "Offer"), upon the terms and subject to the conditions set forth in the offer to purchase dated October 30, 2023 (the "Offer to Purchase").
Consideration Holders who validly tender their Notes and do not validly withdraw on or prior to 5:00 p.m. (New York City time) on November 3, 2023 (the "Withdrawal Date"), or that deliver a properly completed and duly executed notice of guaranteed delivery (the "Notice of Guaranteed Delivery" and, together with the Offer to Purchase, the "Offer Documents"), at or prior to 5:00 p.m. (New York City time) on November 3, 2023 (the "Expiration Date"), and deliver such Notes at or prior to 5:00 p.m. (New York City time) on November 7, 2023 (the "Guaranteed Delivery Date"), will be eligible to receive an amount of consideration (the "Tender Consideration") per USD 1,000 of principal amount of Notes tendered as determined by the Dealer Managers (as defined below) in the manner described in the Offer to Purchase.
Grupo Bimbo SAB de CV is a Mexico-based company engaged in the food processing sector. The Company focuses on the manufacture, distribution and sale of bread, breakfast bread muffins and bagels, frozen bread, cakes and smaller cakes, sweet and non-sweet cookies, tortillas, pita bread, pizza bread, tostadas and tortillas, snacks, salads and candies, among others. Its segments comprise Mexico; North America, including the United States and Canada; Organization Latinamerica (OLA), including Central and South America, and Europe. The Company operates in over 20 countries and has approximately 100 brands. The Company offers over 10,000 products under various brand names, such as Bimbo, Barcel, Sara Lee, Oroweat, Marinela, Arnold, Entenmann's, Ricolino, Dempster' and Thomas'. It operates through Groupe Adghal.
GRUPO BIMBO, S.A.B. DE C.V. 
