Grupo Bimbo’s $125 Million Sustainability-Linked Term Loan Facility

Cleary Gottlieb advised Bank of America N.A., as lender, in Grupo Bimbo’s $125 million sustainability-linked revolving credit facility.

The sustainability-linked features of the facility incentivize the borrower to meet specific environmental sustainability targets in exchange for reduced interest rates.

Grupo Bimbo is a multinational company listed on the Mexican stock exchange that produces and distributes baked goods and snacks. Grupo Bimbo is headquartered in Mexico City and employs approximately 137,000 people globally.