AI Analysis
AI-generated analysis. Always verify with the original filing.
Grupo Aeroportuario del Pacífico completed a Ps. 10,718.0 million bond issuance in two tranches to finance CBX stake acquisition and capital expenditures.
Key Takeaways
1Issued 107.18 million bond certificates totaling Ps. 10,718.0 million with 1.74x oversubscription.
2GAP 26 tranche: Ps. 2,767.0 million, 3-year maturity March 27, 2029, TIIE +45 bps every 28 days.
3GAP 26-2 tranche: Ps. 7,951.0 million, 10-year maturity March 18, 2036, 9.87% fixed every 182 days.
4Received top ratings: Aaa.mx (Moody’s) and mxAAA (S&P) with stable outlook.
5Proceeds primarily for 25% stake in Cross Border Xpress (CBX) and 2025–2029 Master Development Program capex.