Latest news with #Orbia
Yahoo
29-05-2025
- Business
- Yahoo
ORBIA ADVANCE CORPORATION, S.A.B. DE C.V. ANNOUNCES THE TENDER RESULTS AND EXPIRATION TIME OF ITS CASH TENDER OFFER FOR ANY AND ALL OF THE OUTSTANDING U.S.$500,000,000 AGGREGATE PRINCIPAL AMOUNT OF 4.000% SENIOR NOTES DUE 2027 (CUSIP NOS. 59284BAF5/P57908AG3)
MEXICO CITY, May 28, 2025 /PRNewswire/ -- Orbia Advance Corporation, S.A.B. de C.V., a sociedad anónima bursátil de capital variable, organized under the laws of the United Mexican States ("Orbia") announced today the tender results and expiration time of its previously announced tender offer to purchase for cash any and all of the outstanding 4.000% Senior Notes due 2027 issued by Orbia (the "Notes") (the "Tender Offer"), upon the terms and subject to the conditions set forth in the offer to purchase dated May 21, 2025 (the "Offer to Purchase") and in the related notice of guaranteed delivery (the "Notice of Guaranteed Delivery" and, together with the Offer to Purchase, the "Offer Documents"). Capitalized terms used but not defined herein shall have the meanings assigned to such terms in the Offer to Purchase. The expiration time for the Offer was 5:00 p.m., New York City time, May 28, 2025 (the "Expiration Time"). Orbia has been advised by D.F. King & Co., Inc., the tender and information agent for the Tender Offer (the "Tender and Information Agent"), that, as of the Expiration Time, US$425,249,000 in aggregate principal amount of Notes, or approximately 85.05% of the outstanding Notes, had been validly tendered (and not validly withdrawn) pursuant to the Tender Offer. This amount includes US$878,000 aggregate principal amount of Notes tendered pursuant to a Notice of Guaranteed Delivery, which remain subject to delivery under the terms of the Tender Offer. Settlement of the Tender Offer is expected to occur on or about June 2, 2025 (the "Settlement Date"). The following table sets forth certain information relating to the Tender Offer: Notes CUSIP and ISINNumber(s) Principal AmountOutstanding Consideration per U.S.$l,000 Outstanding Principal Amount* 4.000% Senior Notes due 2027 CUSIP: 59284BAF5/P57908AG3 ISIN: US59284BAF58/USP57908AG32 U.S.$500,000,000 U.S.$1,000 ___________________ * The Consideration for the Notes will be paid together with Accrued Interest from the last interest payment date for the Notes up to, but not including, the Settlement Date (as defined below). Upon the terms and subject to the conditions of the Tender Offer set forth in the Offer Documents, all Notes validly tendered and not validly withdrawn at or prior to the Expiration Time have been accepted for purchase and will be paid in full by Orbia on the Settlement Date and all Holders who validly tendered and did not validly withdraw their Notes at any time at or prior to the Expiration Time will receive the Consideration stated in the table above. Payment for Notes tendered and accepted for payment pursuant to a Notice of Guaranteed Delivery is expected to occur on the Settlement Date. Additionally, subject to the exceptions in the terms of the Notes, Orbia will pay additional amounts such that the Consideration and Accrued Interest received by Holders after withholding tax, if any, will be equal to the amount that would have been due had there been no withholding tax. Orbia's obligation to purchase Notes pursuant to the Tender Offer is subject to the satisfaction or waiver of certain conditions described in the Offer to Purchase under "Conditions of the Tender Offer." Neither the Offer to Purchase nor any related documents have been filed with or reviewed by any federal or state securities commission or regulatory authority of any country. No authority has passed upon the accuracy or adequacy of the Offer to Purchase or any related documents, and it is unlawful and may be a criminal offense to make any representation to the contrary. The Tender and Information Agent for the Tender Offer is D.F. King & Co., Inc. Additional contact information of the Tender and Information Agent is set forth below. D.F. King & Co., Inc. 48 Wall Street, 22nd FloorNew York, New York 10005 Banks and Brokers call: +1 (212) 269-5550 (collect)All others call toll-free: +1 (888) 628-9011E-mail: orbia@ Copies of each of the Offer Documents are available at the following web address: Any questions regarding the terms of the Tender Offer may be directed to the Dealer Manager and requests for additional copies of the Offer to Purchase may be directed to the Tender and Information Agent at their respective telephone numbers and locations listed below. You may also contact your broker, dealer, commercial bank, trust company or other nominee for assistance concerning the Tender Offer. The Dealer Manager for the Tender Offer is: J.P. Morgan Securities LLC383 Madison AvenueNew York, New York 10179United StatesAttention: Latin America Debt Capital MarketsCollect: +1 (212) 834-7279Toll-Free: +1 (866) 846-2874 This notice does not constitute or form part of any offer or invitation to purchase, or any solicitation of any offer to sell, the Notes or any other securities in the United States or any other country, nor shall it or any part of it, or the fact of its release, form the basis of, or be relied on or in connection with, any contract therefor. The Tender Offer is made only by and pursuant to the terms of the Offer to Purchase, and the information in this notice is qualified by reference to the Offer to Purchase. None of Orbia, the Guarantors, the Dealer Manager or the Tender and Information Agent makes any recommendation as to whether Holders should tender their Notes pursuant to the Tender Offer. Orbia Advance Corporation, S.A.B. de de la Reforma 483, Piso 47, Colonia Cuauhtémoc, 06500Ciudad de México, MéxicoTel: +52 55 5366 4000E-mail: View original content: SOURCE Orbia Advance Corporation, S.A.B. de C.V. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
National Post
28-05-2025
- Business
- National Post
Orbia's Time4Water Volunteering Campaign Wins International CSR Excellence Award
Article content BOSTON — Orbia has been named a winner in the prestigious International CSR Excellence Awards for its 2024 Time4Water campaign, a global volunteering initiative dedicated to building awareness and action around the responsible use of water across communities and ecosystems worldwide. The International CSR Excellence Awards recognize companies that lead with responsibility and embed sustainability into their business strategies. The 2025 awards ceremony will be held at St. Paul's Cathedral in London on Monday, June 30, 2025. Article content Article content Orbia's Time4Water campaign was launched in March 2024 in honor of the United Nations (UN) World Water Day and expanded throughout the month to provide opportunities for the Orbia community and local partners to give their time to water security-related volunteering efforts. The inaugural campaign brought together more than 2,500 Orbia employees and partners in over 30 countries through 120 different projects, from educational initiatives to clean-up efforts. Article content 'At Orbia, we believe that bold action begins with purpose: ours is to advance life together. Time4Water showed us the power of coming together across borders, businesses and communities to protect one of our planet's most vital resources: water,' said Tania Rabasa Kovacs, Orbia Chief Sustainability Officer, Vice President of Corporate Affairs and President of Orbia Mexico. 'This recognition is for the thousands of Orbia people who stepped up to make water security their shared mission—and proved that when we act together, we can drive real, lasting change.' Article content Highlights of the 2024 campaign included participation in an awareness race in Bogotá, Colombia by over 400 employee volunteers; a water workshop delivered by Orbia employees in Mexico that reached more than 450 students and more than 20 Orbia-hosted community cleanups, through which participants collected several tons of trash in Lithuania, Turkey, France and many other countries. Article content 'This honor from the International CSR Excellence Awards is a testament to the purpose-driven culture we're building at Orbia,' said Deb Butters, Orbia Senior Vice President and Chief People Officer. 'We are incredibly proud of what our people achieved and also how they brought this campaign to life. Time4Water was powered by the passion and creativity of Orbians who took initiative—from organizing local cleanup efforts and school workshops to rallying their colleagues and communities around the cause. It's a reflection of what's possible when people feel deeply connected to purpose, live by their values and are personally and collectively empowered to make a difference.' Article content Given the success of the 2024 effort, Time4Water has become a flagship campaign for Orbia, with strong results recorded in 2025 and 2026 plans underway. Article content Orbia's commitment to environmental and social responsibility is grounded in its purpose to advance life around the world. In 2024 alone, 67% of Orbia's revenues corresponded to solutions that contribute to the UN Sustainable Development Goals (SDGs). Article content Article content Article content Article content Contacts Article content Article content
Yahoo
13-05-2025
- Business
- Yahoo
Orbia Announces the Successful Issuance and Placement of Its Senior Notes Offering Due 2030 and 2035 in International Markets
MEXICO CITY, May 13, 2025--(BUSINESS WIRE)--Orbia Advance Corporation, S.A.B. de C.V. ("Orbia") (BMV: ORBIA*), announces that today it has completed the successful issuance and placement of its 6.800% and 7.500% Senior Notes due 2030 and 2035, respectively (collectively, the "Notes"), through an international offering (the "International Offering") in the United States to qualified institutional buyers ("QIBs") in compliance with Rule 144A of the U.S. Securities Act of 1933, as amended (the "Securities Act"), and to persons other than U.S. persons outside the United States in compliance with Regulation S, resulting in a total amount of US$1,100,000,000. The proceeds of the placement of the Notes will be used to pay the purchase price of the 1.875% Senior Notes due 2026 in connection with the tender offer carried out pursuant to the offer to purchase dated April 25, 2025 (as amended by the press release dated April 29th, 2025), and any remaining funds will be used for general corporate purposes and the refinancing or repayment of its indebtedness, including the possible repayment of a portion or all of the outstanding 4.000% senior notes due 2027. The International Offering was made outside of Mexico exclusively under the terms and conditions set forth therein. This relevant event does not constitute a public offer to purchase or a solicitation of an offer to sell or purchase any securities of Orbia or its affiliates. This relevant event is not exhaustive of the terms and conditions of the International Offering. Orbia made no recommendation regarding the International Offering. Neither the International Offering nor any documents related thereto have been filed with, or have been approved or reviewed by, any securities commission, including the Mexican National Banking and Securities Commission (Comisión Nacional Bancaria y de Valores), or any federal or state regulatory authority in any country. No authority has determined the accuracy or adequacy of the International Offering or any related documents, and it is illegal and may constitute a crime to make any statement to the contrary. The Notes have not been and will not be registered with the National Securities Registry (Registro Nacional de Valores) maintained by the National Banking and Securities Commission (Comisión Nacional Bancaria y de Valores) and may not be publicly offered in Mexico. Prospective investors were advised to carefully read the offering memorandum or any related documents before making a decision regarding the International Offering. Furthermore, this relevant event and the information contained herein are not an offer of securities for sale in the United States and may not be viewed by persons within the United States or transmitted to U.S. persons within the meaning of Regulation S under the Securities Act, except to QIBs. The Notes were offered only to QIBs in accordance with Rule 144 A under the Securities Act and to persons outside the United States in compliance with Regulation S. The Notes have not been registered under the Securities Act or any state securities laws and may not be offered or sold in the United States absent an effective registration statement or an applicable exemption from registration requirements or in a transaction that is not subject to the registration requirements of the Securities Act or any state securities laws. About Orbia Orbia Advance Corporation, S.A.B. de C.V. and subsidiaries (the Company or Orbia) is a company driven by a shared purpose: to advance life around the world. Orbia operates in the Polymer Solutions (Vestolit and Alphagary), Building and Infrastructure (Wavin), Precision Agriculture (Netafim), Connectivity Solutions (Dura-Line) and Fluor & Energy Materials operating segments. The five Orbia business groups have a collective focus on expanding access to health and well-being, reinventing the future of cities and homes, ensuring food, water and sanitation security, connecting communities to information and enabling the energy transition with basic and advanced materials, specialty products and innovative solutions. Orbia has a global team of over 23,000 employees, commercial activities in more than 100 countries and operations in over 50, with global headquarters in Boston, Mexico City, Amsterdam and Tel Aviv. The company generated $7.5 billion in revenue in 2024. Learn more at Prospective Information In addition to historical information, this press release contains "forward-looking" statements that reflect management's expectations for the future. The words "anticipate," "believe," "expect," "hope," "have the intention of," "might," "plan," "should" and similar expressions generally indicate comments on expectations. The forward-looking statements included in this press release are subject to a number of material risks and uncertainties, and our results may be materially different from current expectations due to factors, which include, but are not limited to, global and local changes in politics, economic factors, business, competition, market and regulatory factors, cyclical trends in relevant sectors as well as other factors affecting our operations, markets, products, services and prices that are highlighted under the title "Risk Factors" in the annual report submitted by Orbia to the Mexican National Banking and Securities Commission (CNBV) and available on our website at The forward-looking statements included herein represent Orbia's views as of the date of this press release. Orbia undertakes no obligation to revise or update publicly any forward-looking statement for any reason unless required by law." View source version on Contacts Investor Relations Diego EchaveVP, Investor Media Kacy KarlenChief Communications Sign in to access your portfolio
Business Wire
13-05-2025
- Business
- Business Wire
Orbia Announces the Successful Issuance and Placement of Its Senior Notes Offering Due 2030 and 2035 in International Markets
MEXICO CITY--(BUSINESS WIRE)--Orbia Advance Corporation, S.A.B. de C.V. ('Orbia') (BMV: ORBIA*), announces that today it has completed the successful issuance and placement of its 6.800% and 7.500% Senior Notes due 2030 and 2035, respectively (collectively, the "Notes"), through an international offering (the 'International Offering') in the United States to qualified institutional buyers ('QIBs') in compliance with Rule 144A of the U.S. Securities Act of 1933, as amended (the 'Securities Act'), and to persons other than U.S. persons outside the United States in compliance with Regulation S, resulting in a total amount of US$1,100,000,000. The proceeds of the placement of the Notes will be used to pay the purchase price of the 1.875% Senior Notes due 2026 in connection with the tender offer carried out pursuant to the offer to purchase dated April 25, 2025 (as amended by the press release dated April 29 th, 2025), and any remaining funds will be used for general corporate purposes and the refinancing or repayment of its indebtedness, including the possible repayment of a portion or all of the outstanding 4.000% senior notes due 2027. The International Offering was made outside of Mexico exclusively under the terms and conditions set forth therein. This relevant event does not constitute a public offer to purchase or a solicitation of an offer to sell or purchase any securities of Orbia or its affiliates. This relevant event is not exhaustive of the terms and conditions of the International Offering. Orbia made no recommendation regarding the International Offering. Neither the International Offering nor any documents related thereto have been filed with, or have been approved or reviewed by, any securities commission, including the Mexican National Banking and Securities Commission (Comisión Nacional Bancaria y de Valores), or any federal or state regulatory authority in any country. No authority has determined the accuracy or adequacy of the International Offering or any related documents, and it is illegal and may constitute a crime to make any statement to the contrary. The Notes have not been and will not be registered with the National Securities Registry (Registro Nacional de Valores) maintained by the National Banking and Securities Commission (Comisión Nacional Bancaria y de Valores) and may not be publicly offered in Mexico. Prospective investors were advised to carefully read the offering memorandum or any related documents before making a decision regarding the International Offering. Furthermore, this relevant event and the information contained herein are not an offer of securities for sale in the United States and may not be viewed by persons within the United States or transmitted to U.S. persons within the meaning of Regulation S under the Securities Act, except to QIBs. The Notes were offered only to QIBs in accordance with Rule 144 A under the Securities Act and to persons outside the United States in compliance with Regulation S. The Notes have not been registered under the Securities Act or any state securities laws and may not be offered or sold in the United States absent an effective registration statement or an applicable exemption from registration requirements or in a transaction that is not subject to the registration requirements of the Securities Act or any state securities laws. About Orbia Orbia Advance Corporation, S.A.B. de C.V. and subsidiaries (the Company or Orbia) is a company driven by a shared purpose: to advance life around the world. Orbia operates in the Polymer Solutions (Vestolit and Alphagary), Building and Infrastructure (Wavin), Precision Agriculture (Netafim), Connectivity Solutions (Dura-Line) and Fluor & Energy Materials operating segments. The five Orbia business groups have a collective focus on expanding access to health and well-being, reinventing the future of cities and homes, ensuring food, water and sanitation security, connecting communities to information and enabling the energy transition with basic and advanced materials, specialty products and innovative solutions. Orbia has a global team of over 23,000 employees, commercial activities in more than 100 countries and operations in over 50, with global headquarters in Boston, Mexico City, Amsterdam and Tel Aviv. The company generated $7.5 billion in revenue in 2024. Learn more at Prospective Information In addition to historical information, this press release contains "forward-looking" statements that reflect management's expectations for the future. The words 'anticipate,' 'believe,' 'expect,' 'hope,' 'have the intention of,' 'might,' 'plan,' 'should' and similar expressions generally indicate comments on expectations. The forward-looking statements included in this press release are subject to a number of material risks and uncertainties, and our results may be materially different from current expectations due to factors, which include, but are not limited to, global and local changes in politics, economic factors, business, competition, market and regulatory factors, cyclical trends in relevant sectors as well as other factors affecting our operations, markets, products, services and prices that are highlighted under the title 'Risk Factors' in the annual report submitted by Orbia to the Mexican National Banking and Securities Commission (CNBV) and available on our website at The forward-looking statements included herein represent Orbia's views as of the date of this press release. Orbia undertakes no obligation to revise or update publicly any forward-looking statement for any reason unless required by law.'
Yahoo
13-05-2025
- Business
- Yahoo
Orbia Announces the Successful Issuance and Placement of Its Senior Notes Offering Due 2030 and 2035 in International Markets
MEXICO CITY, May 13, 2025--(BUSINESS WIRE)--Orbia Advance Corporation, S.A.B. de C.V. ("Orbia") (BMV: ORBIA*), announces that today it has completed the successful issuance and placement of its 6.800% and 7.500% Senior Notes due 2030 and 2035, respectively (collectively, the "Notes"), through an international offering (the "International Offering") in the United States to qualified institutional buyers ("QIBs") in compliance with Rule 144A of the U.S. Securities Act of 1933, as amended (the "Securities Act"), and to persons other than U.S. persons outside the United States in compliance with Regulation S, resulting in a total amount of US$1,100,000,000. The proceeds of the placement of the Notes will be used to pay the purchase price of the 1.875% Senior Notes due 2026 in connection with the tender offer carried out pursuant to the offer to purchase dated April 25, 2025 (as amended by the press release dated April 29th, 2025), and any remaining funds will be used for general corporate purposes and the refinancing or repayment of its indebtedness, including the possible repayment of a portion or all of the outstanding 4.000% senior notes due 2027. The International Offering was made outside of Mexico exclusively under the terms and conditions set forth therein. This relevant event does not constitute a public offer to purchase or a solicitation of an offer to sell or purchase any securities of Orbia or its affiliates. This relevant event is not exhaustive of the terms and conditions of the International Offering. Orbia made no recommendation regarding the International Offering. Neither the International Offering nor any documents related thereto have been filed with, or have been approved or reviewed by, any securities commission, including the Mexican National Banking and Securities Commission (Comisión Nacional Bancaria y de Valores), or any federal or state regulatory authority in any country. No authority has determined the accuracy or adequacy of the International Offering or any related documents, and it is illegal and may constitute a crime to make any statement to the contrary. The Notes have not been and will not be registered with the National Securities Registry (Registro Nacional de Valores) maintained by the National Banking and Securities Commission (Comisión Nacional Bancaria y de Valores) and may not be publicly offered in Mexico. Prospective investors were advised to carefully read the offering memorandum or any related documents before making a decision regarding the International Offering. Furthermore, this relevant event and the information contained herein are not an offer of securities for sale in the United States and may not be viewed by persons within the United States or transmitted to U.S. persons within the meaning of Regulation S under the Securities Act, except to QIBs. The Notes were offered only to QIBs in accordance with Rule 144 A under the Securities Act and to persons outside the United States in compliance with Regulation S. The Notes have not been registered under the Securities Act or any state securities laws and may not be offered or sold in the United States absent an effective registration statement or an applicable exemption from registration requirements or in a transaction that is not subject to the registration requirements of the Securities Act or any state securities laws. About Orbia Orbia Advance Corporation, S.A.B. de C.V. and subsidiaries (the Company or Orbia) is a company driven by a shared purpose: to advance life around the world. Orbia operates in the Polymer Solutions (Vestolit and Alphagary), Building and Infrastructure (Wavin), Precision Agriculture (Netafim), Connectivity Solutions (Dura-Line) and Fluor & Energy Materials operating segments. The five Orbia business groups have a collective focus on expanding access to health and well-being, reinventing the future of cities and homes, ensuring food, water and sanitation security, connecting communities to information and enabling the energy transition with basic and advanced materials, specialty products and innovative solutions. Orbia has a global team of over 23,000 employees, commercial activities in more than 100 countries and operations in over 50, with global headquarters in Boston, Mexico City, Amsterdam and Tel Aviv. The company generated $7.5 billion in revenue in 2024. Learn more at Prospective Information In addition to historical information, this press release contains "forward-looking" statements that reflect management's expectations for the future. The words "anticipate," "believe," "expect," "hope," "have the intention of," "might," "plan," "should" and similar expressions generally indicate comments on expectations. The forward-looking statements included in this press release are subject to a number of material risks and uncertainties, and our results may be materially different from current expectations due to factors, which include, but are not limited to, global and local changes in politics, economic factors, business, competition, market and regulatory factors, cyclical trends in relevant sectors as well as other factors affecting our operations, markets, products, services and prices that are highlighted under the title "Risk Factors" in the annual report submitted by Orbia to the Mexican National Banking and Securities Commission (CNBV) and available on our website at The forward-looking statements included herein represent Orbia's views as of the date of this press release. Orbia undertakes no obligation to revise or update publicly any forward-looking statement for any reason unless required by law." View source version on Contacts Investor Relations Diego EchaveVP, Investor Media Kacy KarlenChief Communications Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
