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Grupo Bimbo Prices US$500 Million In Perpetual Notes

This is a new instrument for Grupo Bimbo making it the first hybrid bond issued by a Mexican consumer Company, aligned with our financial policies. As it supports to preserve a healthy financial position, enhances the strength, stability and flexibility of our capital structure, reinforces our commitment to deleverage and maintain our investment grade rating and bolsters liquidity. Moreover, our market leadership coupled with our diversified revenue base, geographic presence, category and distribution channels, largely contributed to attract the attention of more than 200 international investors, evidencing our growing international profile and commitment to expand our stakeholder base

Diego Gaxiola, CFO of Grupo Bimbo.

Mexico City, April 12, 2018 - Grupo Bimbo, S.A.B. de C.V. (“Grupo Bimbo” or the “Company”) (BMV: BIMBO) today announced that it has priced its offering of US$500,000,000 Perpetual Subordinated Notes offering at par to yield 5.95%. The Company will use the proceeds from this offering for the refinancing of existing indebtedness and the financing of acquisitions and capital expenditures and other general corporate purposes.

This is a new instrument for Grupo Bimbo making it the first hybrid bond issued by a Mexican consumer Company, aligned with our financial policies. As it supports to preserve a healthy financial position, enhances the strength, stability and flexibility of our capital structure, reinforces our commitment to deleverage and maintain our investment grade rating and bolsters liquidity. Moreover, our market leadership coupled with our diversified revenue base, geographic presence, category and distribution channels, largely contributed to attract the attention of more than 200 international investors, evidencing our growing international profile and commitment to expand our stakeholder base,” said Diego Gaxiola, CFO of Grupo Bimbo.

The transaction was rated Ba1/BB+/BB+ by Moody’s, S&P and Fitch.

Grupo Bimbo once again thanks investors and the financial institutions for the trust placed in the Company. Bank of America Merrill Lynch, J.P. Morgan, Citi, HSBC and Santander acted as joint bookrunners for this transaction and ING as co-manager.