For Bimbo Foods Bakeries Distribution, what currency is associated with the notional amount of 1,829 in the table?
Bimbo_Foods_Bakeries_Distribution Franchise · 2025 FDDAnswer from 2025 FDD Document
rity.
| | | | | | | Market value | | | |---|---|---|---|---|---|---|---|---| | Notional | | Notional | | Rate | | | | | | amount | Currency | amount | Currency Maturity | received Rate paid | 2024 | 2023 | 2022 | | | 2,593 | MXN | 100 | GBP 31-oct-2029 | 3.920% 2.110% | $ | - $ | - $ | - | r) Swaps that tra
Source: Item 14 — Other Accounts Payable and Accrued Liabilities (FDD pages 312–476)
What This Means (2025 FDD)
According to Bimbo Foods Bakeries Distribution's 2025 Franchise Disclosure Document, a notional amount of 1,829 is associated with the Mexican currency (MXN). The table provided in Item 14 details other accounts payable and accrued liabilities, listing notional amounts in relation to specific currencies and maturity dates. In this instance, the notional amount of 1,829 in the table is listed as MXN, with a maturity date of June 27, 2028.
This information is relevant for prospective franchisees as it provides insight into the financial obligations and currency exposures that Bimbo Foods Bakeries Distribution may have. Understanding these exposures can help franchisees assess the financial stability and risk profile of the company. The table also includes the rate received and rate paid, which are 4.875% and 9.838% respectively.
It is important to note that the table also lists a notional amount of 100 in USD alongside the 1,829 in MXN. This indicates that Bimbo Foods Bakeries Distribution deals with multiple currencies and has financial obligations in both USD and MXN. The presence of these currency exposures suggests that franchisees should be aware of potential fluctuations in exchange rates and their impact on the company's financial performance.
Prospective franchisees should consult with financial advisors to fully understand the implications of these currency exposures and how they might affect the overall financial health of Bimbo Foods Bakeries Distribution. Further investigation into the company's risk management strategies related to currency fluctuations may also be beneficial.