The bond certificates were issued in accordance with the following terms:
- 30 million bond certificates were issued under the ticker symbol “GAP20”, at a nominal value of Ps. 100 (
one hundred pesos 00/100) each, for a total value of Ps. 3.0 billion (three billion pesos 00/100); - Interest will be payable every 28 days at a variable rate of TIIE-28 plus 17 basis points; and
- Principal will be due at maturity on
February 6, 2025 .
Proceeds from the issuance will be allocated to:
- Payment of the bond certificates under the ticker symbol “GAP15” issued on
February 20, 2015 with maturity onFebruary 14, 2020 for an amount of Ps. 2.2 billion. - Initiate the investments set forth in the Company’s Master Development Plan for 2020 for an amount of Ps. 800 million.
This issuance was oversubscribed by over 5 times.
With this issuance, the Company reaches a total of Ps. 15.0 billion long-term bond certificates issued in the Mexican capital markets and concludes the 5-year program authorized by the
Company Description
Grupo Aeroportuario del Pacífico,
This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management’s current view and estimates of future economic circumstances, industry conditions, company performance and financial results. The words “anticipates”, “believes”, “estimates”, “expects”, “plans” and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.
In accordance with Section 806 of the Sarbanes-Oxley Act of 2002 and article 42 of the “Ley del
IR Contacts: | |
svillarreal@aeropuertosgap.com.mx | |
asoto@aeropuertosgap.com.mx | |
gmurillo@aeropuertosgap.com.mx / +523338801100 ext.20294 | |
mbarona@i-advize.com |
Source: Grupo Aeroportuario del Pacífico,
2020 GlobeNewswire, Inc., source