Grupo Aeroportuario del Pacífico, S.A.B. de C.V. announced that it successfully completed the issuance of 54 million long-term bond certificates in Mexico (Certificados Bursátiles) at a nominal value of MXN 100 each for a total value of MXN 5.4 billion, issued jointly. The amount of the issuance was up to MXN 4.5 billion with a greenshoe option of up to 20%, which was reached at the closing of the issuance. The order book reached an over-subscription of 3.2x over the original issuance amount.

The bond certificates were issued in accordance with the following terms: 11.2 million certificates were issued under the ticker symbol “GAP23-L”, at a nominal value of MXN 100 each, for a total value of MXN 1,120 million. Interest will be payable every 28 days at a variable rate of TIIE-28 plus 22 basis points. The principal will be due at maturity on March 23, 2026.

42.8 million bond certificates were issued under the ticker symbol “GAP23-2L”, at a nominal value of MXN 100 each, for a total value of MXN 4,280 million. Interest will be payable every 182 days at a fixed rate of 9.65%. The principal will be due at maturity on March 18, 2030.

The Key Performance Indicator is the reduction of absolute scope 1 and 2 greenhouse gas emissions and will be verified by December 31, 2025, and audited by an external party, in case the target is not met, there will be an upward adjustment of 0.2% to the nominal value of the “GAP23-L” at the expiration date, while for the “GAP23-2L” 25 basis points will be added to the coupon starting from February 28, 2026, and until its expiration. The proceeds from this issuance will be allocated to the payment of the bond certificates under the ticker symbol “GAP 20-2” issued on June 25, 2020, and maturing on June 22, 2023, for an amount of MXN 602 million and the remainder will be used for capital investments.