Grupo Aeroportuario del Pacífico Updates Financial Strategy
Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (PAC) has taken a significant step in its financial management by refinancing a credit facility worth Ps. 1.5 billion with Banco Santander México, S.A.
Details of the Refinancing Agreement
The refinancing has extended the maturity of the facility by an additional 12 months, maintaining a variable interest rate based on TIIE-28 plus 38 basis points. This strategic move reflects the company's commitment to maintaining sound financial health and optimizing its capital structure.
Company Overview
Grupo Aeroportuario del Pacífico (GAP) plays a crucial role in Mexico's aviation sector, managing 12 international airports across the Pacific region. Their airports cater to major cities like Guadalajara and Tijuana, alongside popular tourist destinations, including Puerto Vallarta and Los Cabos.
A Global Footprint
Since its listing on the New York Stock Exchange in February 2006 under the ticker "PAC", GAP has extended its operations beyond Mexico. It owns a majority interest in Sangster International Airport in Jamaica and gained the operational control of Norman Manley International Airport in Kingston in 2019.
Investing in Future Opportunities
As part of its growth strategy, GAP continues to seek opportunities that enhance its airport portfolio and improve service offerings. The company’s proactive financial management reflects a focus on long-term sustainability and value creation for its shareholders.
Community and Compliance Programs
GAP prioritizes ethical practices and transparency in its operations. In line with regulatory requirements, they have established a whistleblower program to empower stakeholders to report any concerns confidentially. This initiative underscores GAP’s commitment to integrity and responsible governance.
Contact Information for Investor Relations
For inquiries, Alejandra Soto serves as the Investor Relations and Social Responsibility Officer. She can be reached via email at asoto@aeropuertosgap.com.mx.
Gisela Murillo, another key contact in Investor Relations, is available at gmurillo@aeropuertosgap.com.mx or by phone at +52 33 3880 1100 ext. 20294.
Frequently Asked Questions
What is Grupo Aeroportuario del Pacífico's recent financial move?
The company successfully refinanced a credit facility worth Ps. 1.5 billion, extending its maturity.
How does this refinancing affect GAP's operations?
This move allows GAP to optimize its financial structure and enhance operational flexibility.
Where does Grupo Aeroportuario del Pacífico operate?
GAP operates 12 airports in Mexico's Pacific region, serving major and tourist cities.
Who can I contact for investor relations inquiries?
Alejandra Soto and Gisela Murillo handle investor relations; their contact emails are provided in the article.
What initiatives does GAP have for ethical practices?
GAP has a whistleblower program to ensure ethical conduct and compliance with regulations.