Orbia Announces its Second Quarter 2022 Earnings Results streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Posted on 1616
Orbia Advance Corporation, S.A.B. de C.V. (BMV: ORBIA ) (“the Company” or “Orbia”) announced today the launch of its inaugural sustainability-linked bonds in the international capital markets. This transaction incorporates the issuance of $600 million at 1.875% senior notes due in 2026, and $500 million at 2.875% senior notes due in 2031 (the “bonds”).
Says Sameer Bharadwaj, CEO of Orbia, “This transaction demonstrates Orbia’s commitment to the environment and bringing forth cleaner, greener solutions that are better for people and planet. Our journey thus far has been guided by a drive for positive impact and we are delighted to enable investors to join us in advancing life around the world, responsibly.”