Press Releases September 11, 2026 05:23 PM

Grupo Aeroportuario del Pacifico Announces the Execution of Bank Credit Facilities Totaling Ps. 8,000 Million

Grupo Aeroportuario del Pacífico secures Ps. 8,000 million credit facilities to refinance debt and fund airport capital expenditures

By Priya Menon
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Grupo Aeroportuario del Pacífico (PAC) announced the execution of credit facilities amounting to Ps. 8,000 million with major banks including Santander, BBVA, HSBC, J.P. Morgan, and Scotiabank. The funds will be used primarily to repay maturing long-term debt certificates in September and October 2026, and to finance capital expenditures as part of the company's Master Development Program for its airports across Mexico and Jamaica.

Grupo Aeroportuario del Pacifico Announces the Execution of Bank Credit Facilities Totaling Ps. 8,000 Million
PAC
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Key Points

  • The company secured Ps. 8,000 million in credit facilities with terms ranging from 6 to 12 months and an option to extend by 6 months at a floating interest rate.
  • Ps. 4,258 million will repay maturing debt certificates GAP22L and GAP21-V due in late 2026, helping manage debt maturities effectively.
  • Remaining Ps. 3,742 million will fund capital expenditures for development projects at airports in Mexico and Jamaica, supporting future growth.

GUADALAJARA, Mexico, Sept. 11, 2026 (GLOBE NEWSWIRE) -- Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE: PAC; BMV: GAP) (“the Company” or “GAP”) announces that it has entered into credit facilities with several financial institutions for an aggregate amount of Ps. 8,000 million.

The funds will be drawn down gradually and will be used primarily to pay long-term debt certificates maturing in September and October 2026, as well as to finance capital expenditures included in the Master Development Program for the Company’s airports in Mexico.

Of the total amount contracted, Ps. 4,258 million will be used to pay the “GAP22L” debt certificates, totaling Ps. 2,758 million and maturing on September 21, 2026, and the “GAP21-V” debt certificates, totaling Ps. 1,500 million and maturing on October 9, 2026. The remaining Ps. 3,742 million will be used to fund capital expenditures.

The credit facilities were entered into with Santander, BBVA, HSBC, J.P. Morgan and Scotiabank, with terms ranging from 6 to 12 months, including certain facilities with an option to extend for an additional 6 months, at a floating interest rate based on Funding TIIE plus a weighted-average spread of 45 basis points.

Company Description

Grupo 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.

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 [email protected]. GAP’s Audit Committee will be notified of all complaints for immediate investigation.

  Saúl Villarreal, Chief Financial [email protected]  Gisela Murillo, Investor [email protected] +52 33 3880 1100 ext. 20294



Risks

  • The credit facilities are short to medium term with floating interest rates based on Funding TIIE plus a spread, exposing the company to interest rate volatility.
  • Refinancing risk exists if future terms become less favorable, or if capital expenditures do not generate expected returns.
  • Forward-looking statements indicate uncertainty in future economic and market conditions which could impact company performance and liquidity.

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