Moody’s rates Bimbo notes Baa1

Moody's Investors Service said it assigned a Baa1 rating to Bimbo Bakeries USA, Inc.'s planned sale of backed senior unsecured global notes to be issued in two tranches, one having a five-year tenor and the other a 10-year tenor.

Grupo Bimbo, SAB de CV's other ratings including its Baa1 long-term issuer rating remain unchanged.

Grupo Bimbo and its operating subsidiaries Bimbo, SA de CV and Barcel, SA de CV will guarantee the notes.

The outlook remains stable.

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