Grupo Bimbo Renews and Expands US$2.35 Billion Sustainability-Linked Revolving Credit Facility with BBVA Support

Grupo Bimbo, the world’s largest baking company, has renewed and upsized its sustainability-linked committed revolving credit facility (RCF) in U.S. dollars, increasing its size from US$1.931 billion to US$2.35 billion. The facility includes multi-currency commitments and is split into two tranches: the first for up to US$1.056 billion maturing in 2028, and the second for up to US$1.294 billion now maturing in 2030.

BBVA acted as Administrative Agent and Sustainability Agent in this strategic transaction, reinforcing Grupo Bimbo’s financial flexibility and its commitment to environmental, social and governance (ESG) principles.

The refinancing maintains the structure of an ESG-linked RCF, building on the framework established in the original financing. The initial facility had obtained a Second-Party Opinion (SPO) from Sustainalytics, anchored on two key performance indicators: renewable energy usage and the reuse of treated water—metrics that underscore the company’s sustainability pledge.

Structured in multi-currency tranches, this credit facility serves as a pivotal tool to enhance the company’s financial flexibility, support its long-term growth objectives, and consolidate its sustainable capital management strategy.

Grupo Bimbo operates in 39 countries across the Americas, Europe, Asia and Africa, with over 245 production plants, more than 152,000 employees, and a diversified product portfolio. Its focus on innovation, sustainability and operational efficiency has cemented its position as one of the most influential players in the global baking industry.

BBVA thanks Grupo Bimbo for its trust and reaffirms its commitment to delivering financial solutions that foster the growth and transformation of leading Mexican and global corporations.