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Orbia Advance plans dollar notes due 2026, 2031; talk revealed
By Rebecca Melvin and Cristal Cody
Concord, N.H., May 6 – Orbia Advance Corp., SAB de CV plans to price a dollar-denominated offering of notes due 2026 and 3031 (Baa3//BBB), according to an informed source on Thursday.
The tranche due May 11, 2026 was talked at Treasuries plus 145 basis points area.
The tranche due May 11, 2031 was talked at Treasuries plus 175 bps area.
Citigroup Global Markets Ltd., J.P. Morgan and Morgan Stanley are the bookrunners.
The specialty products provider is headquartered in Mexico City.
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