Orbia Announces Closing of its Inaugural Sustainability Linked Bond Transaction

MEXICO CITY--(BUSINESS WIRE)--Orbia Advance Corporation, S.A.B. de C.V. (BMV: ORBIA*) (“the Company” or “Orbia”) today announced the successful closing of its inaugural Sustainability-linked bond offering. Orbia successfully issued today $600 million in 1.875% senior notes due in 2026, and $500 million in 2.875% senior notes due in 2031 (collectively, the “Bonds”). This issuance received credit ratings of Baa3 from Moody’s, BBB- from S&P and BBB from Fitch Ratings. The proceeds from this is