GUADALAJARA, Mexico, Sept. 26, 2024 (GLOBE NEWSWIRE) — Grupo Aeroportuario del Pacífico, SAB de CV, PACGAP (“the Company” or “GAP”) announces that it has completed the refinancing of the credit line that matured today with Banco Nacional de México, SA, (“Citibanamex”) for USD$40.0 million, extending the maturity for an additional 6 months . Interest will be payable monthly at a variable rate of SOFR plus 25 basis points, without commissions, and payment of the principal on March 21, 2025.
Company Description
Grupo Aeroportuario del Pacífico, SAB de CV (GAP) operates 12 airports throughout the Pacific region of Mexico, including the major cities of Guadalajara and Tijuana, the four tourist destinations of Puerto Vallarta, Los Cabos, La Paz and Manzanillo, and others six medium-sized airports. cities: Hermosillo, Guanajuato, Morelia, Aguascalientes, Mexicali and Los Mochis. In February 2006, GAP 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 Concesioner Aeroportuarias, SL, which owns a majority stake in MBJ Airports Limited, the company that operates the Sangster International Airport in Montego Bay, Jamaica. In October 2018, GAP entered into a concession agreement for the operation of Norman Manley International Airport 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 views 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 major operating and financial strategies and capital expenditure plans, the direction of future operations and factors or trends affecting the financial condition, liquidity or results of operations. operations are examples of forward-looking statements. . Such statements reflect management's current views and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will occur. 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. |
Pursuant to Section 806 of the Sarbanes-Oxley Act of 2002 and Section 42 of the Securities Exchange Act, GAP has implemented a “whistleblower” program, which allows whistleblowers to anonymously and confidentially report suspicious activity that involve criminal conduct or violations. The telephone number in Mexico, provided by a third party in charge of collecting these complaints, is 800 04 ETICA (38422) or WhatsApp +52 55 6538 5504. The website is www.lineadedenunciagap.com or by email to denuncia@lineadedenunciagap.com. The GAP 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 |
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