MEXICO CITY — Grupo LALA, S.A.B. de C.V., a Mexican company focused on the healthy food industry (“LALA”) (BMV: LALAB), today announced the successful issuance of dual-tranche long-term bonds (Certificados Bursátiles) totaling $4,634,348,400.00 pesos and with maturities of seven and three years. The bonds, issued through the Mexican Stock Exchange (“BMV”), were allocated to a diverse group of investors.
| LALA 20 | LALA 20-2 | |
| Amount (MXN $) | $3,268,181.800.00 | $1,366,166,600.00 |
| Maturity | September 9, 2027 | September 14, 2023 |
| Rate format | Fixed | Floating |
| Rate | 7.54% | TIIE28 + 0.99% |
| Amortization | At maturity | At maturity |
| Interest payment | Every 182 days | Every 28 days |
The debt issuance has been rated “AA (Mex)” by Fitch Ratings and “HR AA-” by HR Ratings.
All proceeds from the issuance will be used to refinance outstanding liabilities.
For more information:
David González Peláez and Israel Rentería
investor.relations@grupolala.com
About LALA:
Grupo LALA, a Mexican company focused on the healthy and nutritious food industry, has more than 65 years of experience in the production, innovation and marketing of milk, dairy products and beverages under the highest quality standards. LALA operates 31 production plants and 173 distribution centers in Mexico, Brazil, the United States and Central America. The Company is supported by more than 40,000 employees. LALA operates a fleet that exceeds 7,500 units for the distribution of its more than 600 products which reach more than 578,000 points of sale. LALA®, Nutri® and Vigor® stand out in their brand portfolio.
For more information visit: www.lala.com.mx
“Grupo LALA is listed on the Mexican Stock Exchange under the ticker “LALAB”
SOURCE Grupo LALA, S.A.B. de C.V.
