Grupo Aeroportuario del Pacífico Announces Bond Issuance of Ps. 10,718.0 Million

Grupo Aeroportuario del Pacífico (GAP) announced the successful completion of a Ps. 10,718.0 million bond certificate issuance in the Mexican market. The issuance, conducted in two tranches, was oversubscribed by 1.74x. The first tranche, "GAP 26," consists of 27.67 million long-term debt securities with a three-year maturity, totaling Ps. 2,767.0 million, bearing interest at a variable rate (TIIE plus 45 basis points). The second tranche, "GAP 26-2," includes 79.51 million long-term debt securities with a ten-year maturity, amounting to Ps. 7,951.0 million, with a fixed interest rate of 9.87%. Both issuances received top national credit ratings: "Aaa.mx" from Moody's and "mxAAA" from S&P, both with stable outlooks. The proceeds will be used to finance the acquisition of a 25% stake in Cross Border Xpress (CBX) and for capital expenditures aligned with the 2025-2029 Master Development Program.