Grupo Aeroportuario del Pacifico Announces a Drawdown of a Credit Line for Ps. 875.0 Million
June 20 2024 - 5:47PM
Grupo Aeroportuario del Pacífico, S.A.B. de C.V., (NYSE: PAC; BMV:
GAP) (“the Company” or “GAP”) announces that yesterday drawdown of
Ps. 875.0 million from a credit facility with BBVA México, S.A., at
a 12-month term. Interest will be payable monthly at a variable
rate of TIIE-28 plus 20 basis points, and principal payment due
upon maturity on June 19, 2025, without fees.
Proceeds from this loan will be allocated to pay
and close the acquisition of 51.5% of the company's shares
Guadalajara World Trade Center, S.A. de C.V. (“GWTC”) announced
last June 11.
Company DescriptionGrupo 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. |
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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 |
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Gisela Murillo, Investor
Relations |
gmurillo@aeropuertosgap.com.mx /+52 33 3880 1100 ext.
20294 |
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