Mexico City, Mexico, June 14, 2018 – Grupo Herdez, S.A.B. de C.V. (“Grupo Herdez”o the “Company”) (MSE: HERDEZ), today announced the successful issue of MXN 1 billion through a long-term peso denominated bonds (Certificados Bursátiles) in the
Mexican Securities Market. The transaction was 2.6 times oversubscribed and was allocated among a diversified investor base.
The bond has a credit ratings of “AA-(mex)” from Fitch Ratings and “mxAA-” from Standard and Poor’s.
Proceeds will be used to pay debt and and other corporate purposes