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Grupo Aeroportuario del Pacifico Announces Publication of Green Bond Report

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Grupo Aeroportuario del Pacifico (NYSE:PAC; BMV: GAP) has released its Green Bond Report, detailing the allocation of resources and impact of projects financed by the Ps. 1,500 million Green Bond issued on October 15, 2021 (ticker: GAP 21V). The report, aligned with GAP's Green Bond Framework, is available on the company's website under the 'Investors' section.

GAP operates 12 airports in Mexico's Pacific region, including major cities like Guadalajara and Tijuana, tourist destinations such as Puerto Vallarta and Los Cabos, and six mid-sized cities. The company expanded internationally in 2015 by acquiring a majority stake in Jamaica's Sangster International Airport, and in 2019 began operating Norman Manley International Airport in Kingston.

Grupo Aeroportuario del Pacifico (NYSE:PAC; BMV: GAP) ha pubblicato il suo Rapporto sulle Obbligazioni Verdi, che dettaglia l'allocazione delle risorse e l'impatto dei progetti finanziati dall'obbligazione verde di Ps. 1.500 milioni emessa il 15 ottobre 2021 (ticker: GAP 21V). Il rapporto, allineato con il Framework delle Obbligazioni Verdi di GAP, è disponibile sul sito web dell'azienda nella sezione 'Investitori'.

GAP gestisce 12 aeroporti nella regione del Pacifico in Messico, comprese città principali come Guadalajara e Tijuana, destinazioni turistiche come Puerto Vallarta e Los Cabos, e sei città di medie dimensioni. L'azienda si è espansa a livello internazionale nel 2015 acquisendo una quota di maggioranza nell'aeroporto internazionale di Sangster in Giamaica, e nel 2019 ha iniziato a gestire l'aeroporto internazionale Norman Manley a Kingston.

Grupo Aeroportuario del Pacífico (NYSE:PAC; BMV: GAP) ha publicado su Informe de Bonos Verdes, que detalla la asignación de recursos y el impacto de los proyectos financiados por el Bono Verde de Ps. 1,500 millones emitido el 15 de octubre de 2021 (ticker: GAP 21V). El informe, alineado con el Marco de Bonos Verdes de GAP, está disponible en el sitio web de la compañía en la sección 'Inversionistas'.

GAP opera 12 aeropuertos en la región del Pacífico de México, incluidas ciudades importantes como Guadalajara y Tijuana, destinos turísticos como Puerto Vallarta y Los Cabos, y seis ciudades de tamaño mediano. La empresa se expandió internacionalmente en 2015 al adquirir una participación mayoritaria en el Aeropuerto Internacional de Sangster en Jamaica, y en 2019 comenzó a operar el Aeropuerto Internacional Norman Manley en Kingston.

태평양공항그룹(Grupo Aeroportuario del Pacifico)(NYSE:PAC; BMV: GAP)이 녹색채권 보고서를 발표하였으며, 2021년 10월 15일에 발행된 Ps. 1,500백만 녹색채권(티커: GAP 21V)으로 자원의 할당과 프로젝트의 영향을 상세히 설명하고 있습니다. 이 보고서는 GAP의 녹색채권 프레임워크와 일치하며, 회사 웹사이트의 '투자자' 섹션에서 확인할 수 있습니다.

GAP는 멕시코 태평양 지역에서 12개의 공항을 운영하고 있으며, 과달라하라 및 티후아나와 같은 주요 도시, 푸에르토 바야르타 및 로스 카보스와 같은 관광지, 그리고 중소 도시 6곳을 포함하고 있습니다. 2015년에 자메이카의 상스터 국제공항의 다수 지분을 인수하며 국제적으로 확장하였고, 2019년부터 킹스턴의 노먼 맨리 국제공항을 운영하기 시작했습니다.

Le Grupo Aeroportuario del Pacífico (NYSE:PAC; BMV: GAP) a publié son Rapport sur les Obligations Vertes, detailant l'allocation des ressources et l'impact des projets financés par l'obligation verte de 1 500 millions de Ps émise le 15 octobre 2021 (ticker: GAP 21V). Le rapport, conforme au cadre des obligations vertes de GAP, est disponible sur le site web de l'entreprise dans la section 'Investisseurs'.

GAP exploite 12 aéroports dans la région du Pacifique au Mexique, incluant des grandes villes telles que Guadalajara et Tijuana, des destinations touristiques comme Puerto Vallarta et Los Cabos, et six villes de taille moyenne. L'entreprise s'est étendue à l'international en 2015 en acquérant une participation majoritaire dans l'Aéroport International de Sangster en Jamaïque, et en 2019, elle a commencé à exploiter l'Aéroport International Norman Manley à Kingston.

Die Grupo Aeroportuario del Pacífico (NYSE:PAC; BMV: GAP) hat ihren Bericht über grüne Anleihen veröffentlicht, der die Verwendung der Mittel und die Auswirkungen der durch die am 15. Oktober 2021 emittierte grüne Anleihe in Höhe von 1.500 Millionen Ps (Ticker: GAP 21V) finanzierten Projekte detailliert beschreibt. Der Bericht, der im Einklang mit dem Green Bond Framework von GAP steht, ist auf der Website des Unternehmens im Bereich 'Investoren' verfügbar.

GAP betreibt 12 Flughäfen in der Pazifikregion Mexikos, einschließlich wichtiger Städte wie Guadalajara und Tijuana, touristischer Ziele wie Puerto Vallarta und Los Cabos sowie sechs mittelgroßer Städte. Das Unternehmen expandierte 2015 international, indem es eine Mehrheitsbeteiligung am Sangster International Airport in Jamaika erwarb, und begann 2019 mit dem Betrieb des Norman Manley International Airport in Kingston.

Positive
  • Publication of Green Bond Report demonstrates transparency and commitment to sustainable finance
  • Diversified portfolio of 12 airports across Mexico's Pacific region
  • International expansion with operations in two Jamaican airports
Negative
  • None.

The publication of Grupo Aeroportuario del Pacífico's (GAP) Green Bond Report is a noteworthy development in the company's commitment to sustainable finance. While the report itself doesn't directly impact GAP's financial performance, it does have implications for the company's reputation and investor relations.

The 1.5 billion peso Green Bond, issued in October 2021, demonstrates GAP's proactive approach to aligning its financing strategies with environmental objectives. This move is likely to resonate positively with environmentally conscious investors and could potentially lower the company's cost of capital in the long run.

However, it's important to note that the actual impact on GAP's financial position will depend on how effectively the funds have been allocated and the success of the financed projects. Investors should closely examine the report to assess:

  • The specific projects funded by the Green Bond proceeds
  • The environmental impact metrics provided
  • Any cost savings or operational efficiencies gained from these green initiatives

While this news doesn't directly affect GAP's immediate financial outlook, it does reinforce the company's commitment to sustainability, which could enhance its long-term value proposition in an increasingly ESG-focused investment landscape.

The release of GAP's Green Bond Report marks a significant step in the company's ESG journey, particularly in terms of transparency and accountability. This report is important for investors and stakeholders who are increasingly focused on sustainable business practices.

Key points to consider:

  • Transparency: By publishing this report, GAP demonstrates a commitment to openness about its use of green bond proceeds, which is essential for maintaining investor trust.
  • Alignment with standards: The report's adherence to GAP's Green Bond Framework suggests compliance with international best practices, potentially enhancing the company's credibility in the green finance market.
  • Impact measurement: The report likely includes metrics on the environmental impact of funded projects. This data is vital for assessing the real-world effects of GAP's sustainability initiatives.
  • Market positioning: As one of the early movers in green bonds among Latin American airport operators, GAP may gain a competitive advantage in attracting sustainability-focused investors.

While the immediate financial impact may be , this report could significantly influence GAP's long-term sustainability profile and investor perception. It's a clear signal that the company is taking its environmental responsibilities seriously, which could lead to improved stakeholder relations and potentially easier access to sustainable financing in the future.

GUADALAJARA, Mexico, July 30, 2024 (GLOBE NEWSWIRE) -- Grupo Aeroportuario del Pacífico, S.A.B. de C.V., (NYSE:PAC; BMV: GAP) (“the Company” or “GAP”) informs that today it published its Green Bond Report, following GAP's Green Bond Framework, which provides information on the allocation of resources and the impact of the projects financed with the Green Bond issued on October 15, 2021, with the ticker symbol GAP 21V for Ps. 1,500 million.

This Green Bond Report can be consulted on GAP's website (www.aeropuertosgap.com.mx) in the "Investors" section.

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 100% of Desarrollo de Concessioner Aeroportuarias, S.L., which owns a majority stake in MBJ Airports Limited, a company operating Sangster International Airport in Montego Bay, Jamaica. In October 2018, GAP entered into a concession agreement for the Norman Manley International Airport operation in Kingston, Jamaica, and took control of the operation in October 2019.

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 Officerasoto@aeropuertosgap.com.mx
  
Gisela Murillo, Investor Relationsgmurillo@aeropuertosgap.com.mx /
+52 33 3880 1100 ext. 20294


FAQ

What is the value and issue date of GAP's Green Bond (PAC)?

Grupo Aeroportuario del Pacifico (PAC) issued a Green Bond worth Ps. 1,500 million on October 15, 2021, with the ticker symbol GAP 21V.

How many airports does Grupo Aeroportuario del Pacifico (PAC) operate?

Grupo Aeroportuario del Pacifico (PAC) operates 12 airports throughout Mexico's Pacific region and has stakes in two Jamaican airports.

When did GAP (PAC) expand its operations to Jamaica?

GAP (PAC) acquired a majority stake in Sangster International Airport in Montego Bay, Jamaica in April 2015, and began operating Norman Manley International Airport in Kingston, Jamaica in October 2019.

Where can investors find GAP's (PAC) Green Bond Report?

Investors can find GAP's (PAC) Green Bond Report on the company's website (www.aeropuertosgap.com.mx) in the 'Investors' section.

Grupo Aeroportuario del Pacifico, S.A.B. de C.V. Amer. Dep. Shares (each rep. 10 Ser. B shares)

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