Orbia joins SLB rush with two-part sale

Orbia joins SLB rush with two-part sale

Bonds Debt Corporate & Sovereign Strategy Mexico Capital Markets ESG Sustainability-Linked

Mexican conglomerate Orbia Advance said Thursday that it issued $1.1 billion in dollar-denominated notes in its first sale of sustainability-linked bonds (SLBs) in the international market. In a two-part deal, Mexico City-based Orbia, previously known as Mexichem, priced $600 million in 1.875% 2026 bonds at 99.891 to yield 1.898% and $500 million in 2.875% 2031 bonds at 98.816 to yield 3.013%. Orbia opened the 2026 SLBs with the initial price talk around 145 basis points over US Treasury notes b

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