Grupo Aeroportuario del Pacifico Completes Refinancing of Credit Facility, Extending Maturity by 12 Months

Grupo Aeroportuario del Pacifico, S.A.B. de C.V. (GAP), a leading airport operator in Mexico, has successfully completed the refinancing of its credit facility with Banco Nacional de Mexico, S.A. (Citibanamex). The credit facility, which matured on July 10, 2024, has been extended by an additional 12 months.

Under the new agreement, GAP refinanced a total of Ps. 1.0 billion, with the principal payment now due on July 10, 2025. The interest will be payable monthly at a variable rate of TIIE-28 plus 18 basis points, without any fees.

This refinancing initiative demonstrates GAP’s proactive approach to managing its financial obligations and optimizing its capital structure. By extending the maturity of the credit facility, the company ensures continued financial stability and flexibility to support its operations and growth strategies.

Grupo Aeroportuario del Pacifico operates 12 airports across Mexico’s Pacific region, including major cities such as Guadalajara and Tijuana, as well as popular tourist destinations like Puerto Vallarta, Los Cabos, La Paz, and Manzanillo. Additionally, GAP serves six mid-sized cities: Hermosillo, Guanajuato, Morelia, Aguascalientes, Mexicali, and Los Mochis.

GAP’s commitment to excellence and its strong market presence have been recognized through its listing on the New York Stock Exchange under the ticker symbol “PAC” and the Mexican Stock Exchange under the ticker symbol “GAP.” These listings have provided the company with increased visibility and access to international investors.

In line with its growth strategy, GAP expanded its operations beyond Mexico by acquiring a majority stake in MBJ Airports Limited, which operates Sangster International Airport in Montego Bay, Jamaica. Furthermore, the company entered into a concession agreement for the Norman Manley International Airport in Kingston, Jamaica, further diversifying its portfolio.

To ensure transparency and ethical conduct, GAP has implemented a “whistleblower” program, allowing individuals to anonymously and confidentially report any suspected activities involving criminal conduct or violations. The company takes these reports seriously and promptly investigates all complaints.

For further information, please contact:
– Alejandra Soto, Investor Relations and Social Responsibility Officer at asoto@aeropuertosgap.com.mx
– Gisela Murillo, Investor Relations at gmurillo@aeropuertosgap.com.mx or +52 33 3880 1100 ext. 20294

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