(The following statement was released by the rating agency)
MONTERREY, July 21 (Fitch) In Fitch Ratings' opinion, the
announcement of an
agreement to acquire East Balt Bakeries by Grupo Bimbo, S.A.B.
de C.V. (Bimbo)
has no rating impact as it will not materially affect the
position and will slightly improve its diversification. The
valued at USD650 million and will be financed with proceeds from
committed long-term revolving credit facility.