Grupo Aeroportuario del Pacífico Announces Credit Line Refinancing for USD$40.0 Million
Grupo Aeroportuario del Pacífico (NYSE: PAC) has successfully refinanced a USD $40.0 million credit line with Banco Nacional de México (Banamex). The new five-year credit facility will mature on September 18, 2030, with interest payable monthly at a variable rate of SOFR plus 81 basis points.
GAP operates 12 airports across Mexico's Pacific region, including major cities like Guadalajara and Tijuana, along with tourist destinations such as Puerto Vallarta and Los Cabos. The company also manages two airports in Jamaica - Sangster International Airport in Montego Bay and Norman Manley International Airport in Kingston.
Grupo Aeroportuario del Pacífico (NYSE: PAC) ha rifinanziato con successo una linea di credito di USD 40.0 milioni con Banco Nacional de México (Banamex). Il nuovo facility di credito quinquennale scadrà il 18 settembre 2030, con interessi pagati mensilmente a un tasso variabile SOFR più 81 punti base.
GAP gestisce 12 aeroporti lungo la regione pacifica del Messico, tra cui importanti città come Guadalajara e Tijuana, insieme a destinazioni turistiche quali Puerto Vallarta e Los Cabos. L'azienda gestisce anche due aeroporti in Giamaica - l'Aeroporto Internazionale Sangster a Montego Bay e l'Aeroporto Internazionale Norman Manley a Kingston.
Grupo Aeroportuario del Pacífico (NYSE: PAC) ha refinanciado con éxito una línea de crédito de USD 40.0 millones con Banco Nacional de México (Banamex). La nueva facilidad de crédito a cinco años vencerá el 18 de septiembre de 2030, con intereses pagaderos mensualmente a una tasa variable SOFR más 81 puntos base.
GAP opera 12 aeropuertos en la región pacífica de México, incluyendo ciudades importantes como Guadalajara y Tijuana, junto con destinos turísticos como Puerto Vallarta y Los Cabos. La empresa también gestiona dos aeropuertos en Jamaica: el Aeropuerto Internacional Sangster en Montego Bay y el Aeropuerto Internacional Norman Manley en Kingston.
Pacífico 지역 공항 그룹은 Banamex와 4000만 달러의 신용한도를 성공적으로 재조달했습니다. 새로운 5년 신용시설은 2030년 9월 18일에 만기되며, 이자는 매월 SOFR에 81bp를 더한 변동금리로 지급됩니다.
GAP는 멕시코의 태평양 지역에 걸쳐 12개 공항을 운영하며, 과달라하라와 티후아나 같은 대도시뿐 아니라 Puerto Vallarta와 Los Cabos 같은 관광지들도 포함합니다. 또한 자메이카의 몬테고 베이 산스터 국제공항과 킹스턴의 노먼 매니 국제공항 등 두 곳의 공항도 관리합니다.
Grupo Aeroportuario del Pacífico (NYSE : PAC) a refinancé avec succès une ligne de crédit de 40,0 millions USD avec la Banco Nacional de México (Banamex). La nouvelle facilité de crédit quinquennale arrivera à échéance le 18 septembre 2030, avec des intérêts payables mensuellement à un taux variable SOFR plus 81 points de base.
GAP exploite 12 aéroports le long de la région pacifique du Mexique, y compris des villes importantes comme Guadalajara et Tijuana, ainsi que des destinations touristiques telles que Puerto Vallarta et Los Cabos. L'entreprise gère également deux aéroports en Jamaïque - l'Aéroport international Sangster à Montego Bay et l'Aéroport international Norman Manley à Kingston.
Grupo Aeroportuario del Pacífico (NYSE: PAC) hat erfolgreich eine Kreditlinie über 40,0 Mio. USD mit der Banco Nacional de México (Banamex) refinanziert. Die neue Fünf-Jahres-Kreditfazilität läuft am 18. September 2030 aus, und die Zinsen werden monatlich zu einem variablen SOFR-Satz zuzüglich 81 Basispunkten gezahlt.
GAP betreibt 12 Flughäfen in der Pazifikregion Mexikos, darunter Großstädte wie Guadalajara und Tijuana sowie touristische Ziele wie Puerto Vallarta und Los Cabos. Das Unternehmen verwaltet auch zwei Flughäfen in Jamaika - den Sangster International Airport in Montego Bay und den Norman Manley International Airport in Kingston.
مجموعة المطارات عبر المحيط الهادئ (NYSE: PAC) قامت بإعادة تمويل بنجاح لخط ائتمان بقيمة 40.0 مليون دولار أمريكي مع البنك الوطني المكسيكي (Banamex). ستنتهي تسهيلات الائتمان الجديدة لمدة خمس سنوات في 18 سبتمبر 2030، وتُدفع الفوائد شهرياً بمعدل SOFR زائد 81 نقطة أساس.
تشغّل GAP 12 مطاراً عبر منطقة المحيط الهادئ في المكسيك، بما في ذلك مدن رئيسية مثل غوادالاخارا وتيخوانا، إلى جانب وجهات سياحية مثل Puerto Vallarta وLos Cabos. كما تدير الشركة مطارين في جامايكا - مطار سانغستر الدولي في مونتيغوو باي ومطار Norman Manley الدولي في كينغستون.
太平洋机场集团（NYSE: PAC） 已成功以 Banamex 银行再融资一笔 4000万美元信贷额度。新的五年信贷设施将于 2030年9月18日到期，利息按月支付，按SOFR加81个基点的浮动利率。
GAP 在 墨西哥太平洋地区运营12座机场，其中包括瓜达拉哈拉和提华纳等大城市，以及如Puerto Vallarta和Los Cabos等旅游目的地。公司还管理牙买加的两座机场——蒙特哥贝的桑斯特国际机场和金斯顿的诺曼·曼利国际机场。
- Successful refinancing of USD $40.0 million credit line maintains financial flexibility
- Extended maturity by 5 years to September 2030 improves debt structure
- No additional commissions on the refinanced credit line reduces costs
- Principal payment due at maturity provides better cash flow management
- Variable interest rate exposure to SOFR fluctuations could impact financing costs
Insights
GAP's $40M credit line refinancing extends debt maturity to 2030 with favorable SOFR+81bps terms, improving financial flexibility.
Grupo Aeroportuario del Pacífico (GAP) has successfully refinanced a
The key financial terms of the refinancing are noteworthy:
- Interest will be calculated at SOFR plus
81% basis points - Interest payments will be made monthly
- No additional commissions are attached to the facility
- Principal repayment is structured as a bullet payment at maturity
This refinancing represents a strategic financial move that extends GAP's debt maturity profile, providing enhanced liquidity management and financial flexibility. By pushing the repayment date to 2030, the company has effectively reduced near-term financial pressures while maintaining access to this capital.
The absence of additional commissions suggests favorable negotiating terms, while the relatively tight spread of 81 basis points over SOFR indicates lender confidence in GAP's creditworthiness. This refinancing allows the airport operator to maintain operational flexibility across its portfolio of 14 airports spanning Mexico and Jamaica, including major tourist destinations and urban centers that drive its revenue base.
GUADALAJARA, Mexico, Sept. 18, 2025 (GLOBE NEWSWIRE) -- Grupo Aeroportuario del Pacífico, S.A.B. de C.V., (NYSE: PAC; BMV: GAP) (“the Company” or “GAP”) announces the refinancing of a USD
Company Description
Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (GAP) operates 12 airports throughout Mexico’s Pacific region, including the major cities of Guadalajara and Tijuana, the four tourist destinations of Puerto Vallarta, Los Cabos, La Paz and Manzanillo, and six other mid-sized cities: Hermosillo, Guanajuato, Morelia, Aguascalientes, Mexicali, and Los Mochis. In February 2006, GAP’s shares were listed on the New York Stock Exchange under the ticker symbol “PAC” and on the Mexican Stock Exchange under the ticker symbol “GAP”. In April 2015, GAP acquired
| 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 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 Mercado de Valores”, GAP has implemented a “whistleblower” program, which allows complainants to anonymously and confidentially report suspected activities that involve criminal conduct or violations. The telephone number in Mexico, facilitated by a third party responsible for collecting these complaints, is 800 04 ETICA (38422) or WhatsApp +52 55 6538 5504. The website is www.lineadedenunciagap.com or by email at denuncia@lineadedenunciagap.com. GAP’s Audit Committee will be notified of all complaints for immediate investigation.
| Alejandra Soto Investor Relations and Social Responsibility Officer | asoto@aeropuertosgap.com.mx |
| Gisela Murillo, Investor Relations | gmurillo@aeropuertosgap.com.mx |
| +52 33 3880 1100 ext. 20294 |
FAQ
What is the size and terms of PAC's new credit line refinancing?
How many airports does Grupo Aeroportuario del Pacífico operate?
When will PAC's refinanced credit line mature?
What are the interest payment terms for PAC's refinanced credit line?
Which major Mexican cities are served by PAC's airports?
