Orbia’s $1.1 Billion Bond Offering

Cleary Gottlieb represented J.P. Morgan Securities LLC, Mizuho Securities USA LLC, Morgan Stanley & Co. LLC, Barclays Capital Inc., BofA Securities Inc., and Citigroup Global Markets Inc., as initial purchasers, in a bond offering of $650 million 6.8% senior notes due 2030 and $450 million 7.5% senior notes due 2035 issued by Orbia Advance Corporation S.A.B. de C.V. (Orbia).

The notes are guaranteed by several of Orbia’s subsidiaries located in Mexico, the United States, the UK, Brazil, Colombia, and Ecuador. Orbia expects to use the proceeds of the offering for the refinancing of existing indebtedness.

The transaction priced on April 30, 2025, and is expected to close on May 13, 2025.

Orbia is a leading provider of products and solutions in multiple sectors, including construction, infrastructure, agriculture, health, transportation, telecommunications, energy, and chemicals, and one of the world’s largest plastic pipes and fittings suppliers.