Grupo Aeroportuario del Pacifico Announces a Drawdown of a Credit Line for Ps. 875.0 Million
Grupo Aeroportuario del PacificoGrupo Aeroportuario del Pacifico(US:PAC) GlobeNewswire News Room·2024-06-20 22:47

Core Viewpoint - Grupo Aeroportuario del Pacífico (GAP) has drawn down Ps. 875.0 million from a credit facility with BBVA México to finance the acquisition of 51.5% of shares in Guadalajara World Trade Center, S.A. de C.V. [1][2] Company Overview - Grupo Aeroportuario del Pacífico operates 12 airports in Mexico's Pacific region, including major cities like Guadalajara and Tijuana, as well as tourist destinations such as Puerto Vallarta and Los Cabos [3]. - GAP's shares are listed on both the New York Stock Exchange (ticker: PAC) and the Mexican Stock Exchange (ticker: GAP) [3]. - The company has expanded its operations internationally, acquiring a majority stake in MBJ Airports Limited, which operates Sangster International Airport in Jamaica, and entering into a concession agreement for Norman Manley International Airport in Kingston, Jamaica [3].