Global Industry: Bimbo repays 400 million USD up front

Bremerhaven. (bm) Due to the strong results and solid cash flow generation, coupled with a less uncertain environment, Mexico’s Grupo Bimbo S.A.B. de C.V. decided to prepay USD 400 million of its committed revolving credit facility, maturing on October 07th, 2023. With this, Grupo Bimbo currently has approximately USD 1.7 billion available in its credit facility. Other topics of the week:

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• Cargill: Announces Expansion in Kalmthout site [US] Fri 06-26
• Zimbabwe: Announces Belarus Agriculture Deal [ZW] Fri 06-26
• Cargill: launches chocolate manufacturing site in Asia [US] Fri 06-26
• Business Update: Bunge Limited announces good progress [US] Thu 06-25
• «Beyond the Bottle»: PepsiCo expands SodaStream [US] Thu 06-25
• ADM: to Expand Production of Industrial Alcohol [US] Wed 06-24
• Bühler AG: opens new Food Application Center [CH] Wed 06-24
• Le Duff America: Announces Notice Of Data Breach [US] Wed 06-24
• Luckin Coffee: Receives Additional Delisting Notice [CN] Wed 06-24
• Grupo Bimbo: repays 400 million USD liabilities up front [MX] Tue 06-23
• Debut: Krispy Kreme introduces snacks in U.S. retail [US] Tue 06-23
• Costa Coffee: to re-open 1’100 sites by the end of June [UK] Mon 06-22
• Kroger Company: Q1-2020 Results and Covid-19 Update [US] Mon 06-22
• Subway: to Add 50,000 Jobs Across North America [US] Sat 06-20
• B+G Foods: Statement on Cream of Wheat [US] Sat 06-20