Grupo Aeroportuario del Pacífico, S.A.B. de C.V. announced that it successfully completed the issuance of 50 million long-term bond certificates in Mexico (Certificados Bursátiles) at a nominal value of MXN 100 each (One hundred pesos 00/100), for a total value of MXN 5.0 billion, through a dual tranche strategy. The amount of the issuance was up to MXN 4.0 billion with a greenshoe option of MXN 1.0 billion, which was reached at the closing of the issuance. The order book reached an over-subscription of 4.04x.

The bond certificates were issued in accordance with the following terms: 20 million 5-year bond certificates were issued under the ticker symbol “GAP22”, at a nominal value of MXN 100 (One hundred pesos 00/100) each, for a total value of MXN 2.0 billion (Two billion pesos 00/100). Interest will be payable every 28 days at a variable rate of TIIE-28 plus 18 basis points; the principal will be due at maturity on March 11, 2027, with an early payment option. 30 million 10-year bond certificates were issued under the ticker symbol “GAP22-2”, at a nominal value of MXN 100 (One hundred pesos 00/100) each, for a total value of MXN 3.0 billion (Three billion pesos 00/100).

Interest will be payable every 182 days at a fixed rate of 9.67%; the principal will be due at maturity on March 4, 2032, with an early payment option. Proceeds from the issuance will be allocated to fulfilling investments committed under the Master Development Program in Mexico for 2022, as well as commercial investments. In addition, the proceeds will be allocated to the paying of financial liabilities due in March of this year.