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Mexican breadmaker Bimbo to carry out early repurchase of $600 mln of 2022 bonds

MEXICO CITY, March 26 (Reuters) - Mexican breadmaker Grupo Bimbo notified holders of its Bimbo 2022 bonds that it will carry out a $600 million early repurchase of the bonds, the company said in a filing with the Mexican stock exchange on Friday.

The company said it will use part of a credit line to carry out the repurchase and will be left with $1.4 billion available in that credit line once the program has been finalized, the filing said. (Reporting by Raul Cortes and Cassandra Garrison; Editing by Leslie Adler)

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