Mexico City, Mexico, May 30, 2017 – Grupo Herdez, S.A.B. de C.V. (“Grupo Herdez” o the “Company”) (MSE: HERDEZ, OTC: GUZBY), today announced the successful issue of MXN 3 billion through long-term bonds (Certificados Bursátiles) in the Mexican Securities
Market. The transaction was 3.6 times oversubscribed and was allocated among a diversified investor base.
Fitch Ratings assigned The bond have confirmed credit ratings of “AA-(mex)” from Fitch Ratings and “mxAA-” from Standard and Poor’s.
These proceeds will be used mainly to refinance short and long-term debt