Bimbo Hires for Local Debt

Mexico’s Bimbo has filed a shelf and hired managers to issue up to MXP20bn ($1.56bn) in the domestic bond market, according to regulatory documents. It has not yet indicated details about the first transaction. Banamex, Bank of America Merrill Lynch, BBVA Bancomer, Santander, HSBC, Inbursa and JPMorgan have been hired in association with the program.