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Emerging MarketsEM LatAm

Bimbo to use bank loan to slim down bond stock

Grupo Bimbo, bread, LatAm, Mexico, sliced bread, bakery, 575

Grupo Bimbo, the Mexican food company that says it has gained millions of new customers during the pandemic on the way to posting record sales and Ebitda, will prepay $600m of global bonds maturing in 2022 using proceeds from a bank loan.

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