Grupo Bimbo S.A.B. de C.V. (“Grupo Bimbo” or the “Company”) disposed US$720 million of its committed revolving credit facility, which has a total value of US$2 billion. The disposed credit line has a maturity on October 7 th , 2023.
The resources will be used to refinance the remaining US$200 million of the 2020 notes maturing in June, while the remainder will be used for increasing the Company's liquidity, prioritizing flexibility and financial strength as a preventive measure due to the current environment.
With this, Grupo Bimbo currently has US$1.3 billion available in its committed credit facility for future disposals.