Mexico’s Orbia calls all 4 7/8% notes due 2022 at make-whole price

By Marisa Wong

Los Angles, Aug. 18 – Orbia Advance Corp., SAB de CV issued a notice of redemption for its $750 million 4 7/8% notes due Sept. 19, 2022 (Cusip: 59284BAB4, P57908AD0).

Orbia will redeem the notes in full on Sept. 19 at a make-whole price calculated using a discount rate of Treasuries plus 50 basis points, plus accrued interest to but excluding the redemption date.

Deutsche Bank Trust Co. Americas is the trustee.

The specialty products provider is based in Mexico City.

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