February 12, 2013
Grupo Aeroportuario Centro Norte, or OMA, is preparing a bond sale in Mexic
Grupo Aeroportuario Centro Norte, or OMA, is preparing a bond sale in Mexico’s domestic market, according to regulatory documents. The plan is for a MXP1.5bn ($118m) 2023 bond. OMA is raising funds to repay short-term bank debt. HSBC and Banamex are managing the sale. OMA is rated AA+ on a national scale. The concessionaire’s most recent domestic bond was its first, a $111m-equivalent 5-year paying TIIE+70bp sold in 2011.