This financing joins the credit of 150 million dollars that the company announced at the end of July, also intended for general corporate uses.
In addition, on Tuesday Gruma said it had received a line of credit of 125 million dollars, also for five years, in this case dedicated to refinancing liabilities.
Gruma’s debt amounted to 1.7 billion dollars at the end of June, according to its financial report for the second quarter, 4% higher than that recorded three months earlier.
In February of this year, the company announced that it had to temporarily suspend operations at its plant in Ukraine, due to the Russian invasion of that country.