White & Case advises Orbia on two notes issuances for a total of MXN 6.2 billion

Global law firm White & Case LLP has advised Orbia Advance Corporation, S.A.B. de C.V. (BMV: ORBIA*) on its third and fourth notes issuances for a total amount of MXN 6.2 billion. These issuances were made under the revolving short and long-term shelf registration program authorized for Orbia by the Mexican National Banking and Securities Commission (CNBV). The third issuance will accrue interest at a floating rate of TIIE de Fondeo (daily interbank rate) + 95 basis points, and the fourth issuance will accrue interest at a fixed annual rate of 11.73 percent.

Orbia is a global company operating in the Polymer Solutions, Building and Infrastructure, Precision Agriculture, Connectivity Solutions and Fluor & Energy Materials segments.

The Orbia legal in-house team was led by Andrés Angulo (Assistant General Counsel), under the direction of Valeria Chapa (Vice President & General Counsel), with support from Paola Uriza (Senior Legal Manager). The White & Case team was led by Capital Markets partners Eduardo Flores Herrera and Narciso Campos Cuevas (both in Mexico City). The team also included Capital Markets counsel Jorge Escalante and associate Jorge Reyes Juárez (both in Mexico City).

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