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Grupo Aeroportuario del Pacífico Issues Ps. 6 Billion Bonds
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Grupo Aeroportuario del Pacífico Issues Ps. 6 Billion Bonds

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Grupo Aeroportuario del Pacifico ( (PAC) ) has issued an update.

On February 4, 2025, Grupo Aeroportuario del Pacífico announced the successful issuance of bond certificates worth Ps. 6.0 billion in Mexico. This issuance, split into two tranches, was over-subscribed by 3.4 times and achieved the highest credit ratings of ‘Aaa.mx’ by Moody’s and ‘mxAAA’ by S&P. The proceeds will be used to settle previous debt and fund investments for the 2025 fiscal year, enhancing the company’s financial stability and supporting its growth strategy.

More about Grupo Aeroportuario del Pacifico

Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (GAP) operates 12 airports across Mexico’s Pacific region and has a stake in airports in Jamaica. It is listed on both the New York and Mexican Stock Exchanges.

YTD Price Performance: 2.48%

Average Trading Volume: 69,388

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $9.56B

For a thorough assessment of PAC stock, go to TipRanks’ Stock Analysis page.

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