
ORBIA ADVANCE CORPORATION, S.A.B. DE C.V. ANNOUNCES EARLY TENDER RESULTS OF ITS CASH TENDER OFFER FOR ANY AND ALL OF THE OUTSTANDING U.S.$600,000,000 AGGREGATE PRINCIPAL AMOUNT OF 1.875% SENIOR NOTES DUE 2026 (CUSIP NOS. 68560EAA6/P7S81YAB1)
Notes |
CUSIP and ISIN |
Principal Amount |
Tender Offer |
Early Tender |
Total |
1.875% Senior Notes |
CUSIP: 68560EAA6/P7S81YAB1 ISIN: US68560EAA64/USP7S81YAB11 |
U.S.$600,000,000 |
U.S.$970 |
U.S.$30 |
U.S.$1,000 |
________________ |
|
(1) |
The amount to be paid for each U.S.$1,000 principal amount of Notes validly tendered (and not validly withdrawn) and accepted for purchase, excluding Accrued Interest, which will be paid in addition to the Tender Offer Consideration and, if applicable, the Early Tender Payment. |
(2) |
Included in the Total Consideration. |
The Tender Offer will expire at 5:00 p.m., New York City time, on May 23, 2025, unless extended, terminated early or withdrawn (such date and time, as the same may be extended, the "Expiration Time"). If Holders of Notes validly tender Notes after the Early Tender Date but prior to or at the Expiration Time, such Holders will only be eligible to receive the Tender Offer Consideration plus Accrued Interest. Additionally, subject to the exceptions in the terms of the Notes, Orbia will pay additional amounts such that the applicable Purchase Price and Accrued Interest received by Holders after withholding tax, if any, will be equal to the amount that would have been due had there been no withholding tax.
Payment for the Notes that are validly tendered and not validly withdrawn after the Early Tender Date and prior to or at the Expiration Time and that are accepted for purchase will be made on the date referred to as the "Final Settlement Date." The Final Settlement Date will be promptly following the Expiration Time. It is anticipated that the Final Settlement Date will be on or around May 28, 2025, the second business day after the Expiration Time.
Orbia reserves the right, in Orbia's sole discretion, to amend or terminate the Tender Offer at any time, subject to compliance with applicable law.
Orbia's obligation to purchase Notes pursuant to the Tender Offer is subject to the satisfaction or waiver of certain conditions, including, without limitation, the Financing Condition, described in the Offer to Purchase under "Conditions of the Tender Offer."
Neither the Offer to Purchase nor any related documents have been filed with or reviewed by any federal or state securities commission or regulatory authority of any country. No authority has passed upon the accuracy or adequacy of the Offer to Purchase or any related documents, and it is unlawful and may be a criminal offense to make any representation to the contrary.
Additional contact information of the Tender and Information Agent is set forth below.
D.F. King & Co., Inc.
48 Wall Street, 22nd Floor
New York, New York 10005
Banks and Brokers call: +1 (212) 269-5550 (collect)
All others call toll-free: +1 (888) 628-9011
E-mail: [email protected]
Any questions regarding the terms of the Tender Offer may be directed to the Dealer Managers and requests for additional copies of the Offer to Purchase may be directed to the Tender and Information Agent at their respective telephone numbers and locations listed below. You may also contact your broker, dealer, commercial bank, trust company or other nominee for assistance concerning the Tender Offer.
The Dealer Managers for the Tender Offer are:
J.P. Morgan Securities LLC 383 Madison Avenue New York, New York 10179 United States Attention: Latin America Debt Capital Markets Collect: +1 (212) 834-7279 Toll-Free: +1 (866) 846-2874 |
Mizuho Securities USA LLC 1271 Avenue of the Americas New York, NY 10020 Collect: +1 212 205 7741 Toll-Free: +1 866 271 7403 Attn: Liability Management Group |
Morgan Stanley & Co. LLC 1585 Broadway New York, New York 10036 United States of America Attn: Global Debt Advisory Group Toll-Free: +1 800-624-1808 Collect: +1 212-761-1057 |
This notice does not constitute or form part of any offer or invitation to purchase, or any solicitation of any offer to sell, the Notes or any other securities in the United States or any other country, nor shall it or any part of it, or the fact of its release, form the basis of, or be relied on or in connection with, any contract therefor. The Tender Offer is made only by and pursuant to the terms of the Offer to Purchase, and the information in this notice is qualified by reference to the Offer to Purchase. None of Orbia, the Guarantors, the Dealer Managers or the Tender and Information Agent makes any recommendation as to whether Holders should tender their Notes pursuant to the Tender Offer.
Orbia Advance Corporation, S.A.B. de C.V.
Paseo de la Reforma 483, Piso 47, Colonia Cuauhtémoc, 06500
Ciudad de México, México
Tel: +52 55 5366 4000
E-mail: [email protected]
SOURCE Orbia Advance Corporation, S.A.B. de C.V.
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