Orbia Advance Corporation, S.A.B. de C.V. Announces Final Results of its Cash Tender Offer
May 26, 2021 at 12:39 pm EDT
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Orbia Advance Corporation, S.A.B. de C.V. announced the final results of the previously announced offer to purchase for cash any and all of its outstanding US$750,000,000 principal amount of 4.875% Senior Notes due 2022. The Tender Offer was made pursuant to the terms and conditions set forth in the offer to purchase dated May 17, 2021 and the related notice of guaranteed delivery.
Orbia Advance Corporation SAB de CV, formerly Mexichem SAB de CV, is a Mexico-based company engaged in the industrial sector. The Companyâs activities are divided into five business groups: Precision Agriculture, Building & Infrastructure, Fluor, Data Communication and Polymer Solutions. The Precision Agriculture business includes Netafim brand, which develops irrigation systems and related services, as well as offers technology for farming digitalization. The Building & Infrastructure business offers pipes for multiple building applications through Wavin brand. The Fluor business operates Koura brand, which manufactures fluorine-based materials used in such industries as healthcare, construction and transportation. The Data Communication business is responsible for production and installation of communication and power cables through Dura-Line brand. The Polymer Solutions business includes vestolit and alphagary brand names, which provides plastic resins and other compounds.
ORBIA ADVANCE CORPORATION, S.A.B. DE C.V. 
