Bimbo finds crossover demand to price tight

© 2025 GlobalCapital, Derivia Intelligence Limited, company number 15235970, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions

Cookies Settings
Emerging Markets
EM LatAm

Bimbo finds crossover demand to price tight

Oliver West
June 26, 2014 08:45 pm
Bimbo Bear
Bimbo Bakeries USA's Bimbo Bear, right, welcomes consumers at the new Walmart Neighborhood Market, opening its 34,000 square foot store in the Chinatown district of Los Angeles Thursday, Sept. 19, 2013. (AP Photo/Nick Ut) | Nick Ut/AP/Press Association Images

Investors said that Grupo Bimbo had priced its $1.3bn dual-tranche bond “to perfection” after the Mexico-based global bakery firm sold 10 and 30 year debt well inside its existing curve on Tuesday and then saw its bonds remain stable in the secondary market.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login

Topics

JP MorganNews contentLatAm BondsCitiEmerging MarketsHSBCLatAm
OW
Oliver West
US Bureau Chief - Latin America Editor
Contact
Gift this article