Orbia Advance Corporation, S.A.B. de C.V. 2.875% 11-MAY-2031Orbia Advance Corporation, S.A.B. de C.V. 2.875% 11-MAY-2031Orbia Advance Corporation, S.A.B. de C.V. 2.875% 11-MAY-2031

Orbia Advance Corporation, S.A.B. de C.V. 2.875% 11-MAY-2031

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MXCHF5181222 analysis



Key facts


Issue date
May 11, 2021
Maturity date
May 11, 2031
Outstanding amount
‪500.00 M‬USD
Face value
1,000.00USD
Minimum denomination
200,000.00USD
Coupon
2.88% (Variable)
Yield to maturity
6.84%
Orbia Advance Corp. SAB de CV engages in the manufacture and sale of petrochemical products. It operates through the following segments: Vinyl, Fluor and Fluent. The Vinyl segment offers treatment and purifies water. The Fluor segment operates through three segments: Fluoride Process, Hydrofluoric Acid and Aluminium Fluoride Process and Refrigerant Gas Process. The Fluoride Process segment extracts fluorite, which is used in the production of hydrofluoric acid, the cement, ceramic, steel and welding industries. The Fluent segment manufactures products for day to day purposes like PVC pipes and connections, polyethene and polypropylene, as well as geosynthectics, which are used for water management systems. The company was founded in 1953 and is headquartered in Mexico City, Mexico.
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