0001213900-21-045397.txt : 20210827 0001213900-21-045397.hdr.sgml : 20210827 20210827170101 ACCESSION NUMBER: 0001213900-21-045397 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210827 FILED AS OF DATE: 20210827 DATE AS OF CHANGE: 20210827 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Betterware de Mexico, S.A.B. de C.V. CENTRAL INDEX KEY: 0001788257 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-CATALOG & MAIL-ORDER HOUSES [5961] IRS NUMBER: 000000000 STATE OF INCORPORATION: O5 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-39251 FILM NUMBER: 211219916 BUSINESS ADDRESS: STREET 1: LUIS ENRIQUE WILLIAMS 549 STREET 2: BELENES NORTE CITY: ZAPOPAN, JALISCO STATE: O5 ZIP: 45145 BUSINESS PHONE: 52 (33) 3836 0500 MAIL ADDRESS: STREET 1: LUIS ENRIQUE WILLIAMS 549 STREET 2: BELENES NORTE CITY: ZAPOPAN, JALISCO STATE: O5 ZIP: 45145 FORMER COMPANY: FORMER CONFORMED NAME: Betterware de Mexico, S.A.B.I. de C.V. DATE OF NAME CHANGE: 20200731 FORMER COMPANY: FORMER CONFORMED NAME: Betterware de Mexico, S.A.P.I. de C.V. DATE OF NAME CHANGE: 20200313 FORMER COMPANY: FORMER CONFORMED NAME: Betterware de Mexico, S.A. de C.V. DATE OF NAME CHANGE: 20190913 6-K 1 ea146605-6k_betterware.htm CURRENT REPORT

 

  

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20546

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

August 27, 2021

 

Commission File Number:  001-39251

 

BETTERWARE DE MÉXICO, S.A.B. DE C.V.

(Name of Registrant)

 

Luis Enrique Williams 549

Colonia Belenes Norte

Zapopan, Jalisco, 45145, México

+52 (33) 3836-0500

(Address of Principal Executive Office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F ☒ Form 40-F ☐

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐

  

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐

 

 

 

 

MATERIAL INFORMATION

 

Betterware de México S.A.B. de C.V. (“Betterware”) (NASDAQ: BWMX), the leading direct-to-consumer company in Mexico that focuses on the home organization and solutions segment, today announced that the Company successfully concluded the offering of a two-tranche bond issuance for a total of MX$1,500 million, with maturities across 4 and 7 years, offered in the Mexican Market.

 

The 4-year tranche amounts to MX$500 million with a variable coupon of 28-day TIIE (28-day Interbank Interest Rate) + 0.40% payable monthly.

 

The 7-year tranche amounts to MX$1,000 million with a fixed coupon of 8.35% payable semi-annually.

 

Fitch Ratings assigned the AA(mex) rating and HR Ratings assigned a AA+/HR1 rating to the bond issuance.

 

The order book was oversubscribed by more than three times, which demonstrates strong support for Betterware´s strategy. Betterware expects that the proceeds of the issuance will be used for general corporate purposes, including the prepayment of long-term debt, additional investments in Campus Betterware and other initiatives with positive environmental and social impacts.

 

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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  BETTERWARE DE MÉXICO, S.A.B. DE C.V.
   
  By:  /s/ Luis Campos
    Name: Luis Campos
Title: Board Chairman

 

Date: August 27, 2021

 

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