Mexico’s Orbia finalizes results of cash tender offer for 2022 notes

By Wendy Van Sickle

Columbus, Ohio, May 26 – Orbia Advance Corp., SAB de CV announced the final results of its cash tender offer to purchase any and all of its $750 million outstanding 4 7/8% senior notes due 2022 (Cusip: 59284BAB4), according to a press release.

Orbia accepted tenders for $327,577,000 principal amount of notes.

The company paid a tender consideration of $1,055.75 per $1,000 note.

The offer expired at 5 p.m. ET on May 21. Settlement took place on May 26.

Dealer managers for the offer are BBVA Securities Inc. (800 422 8692, 212 728-2446) and Morgan Stanley & Co. LLC (800 624-1808, 212 761-1057).

D.F. King & Co., Inc. (800 848-2998, 212 269-5550, www.dfking.com/orbia) is the information and tender agent for the offer.

The specialty products provider is headquartered in Mexico City.

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