March 11, 2013
Grupo Aeroportuario Centro Norte, or OMA, has ended investor meetings ahead
Grupo Aeroportuario Centro Norte, or OMA, has ended investor meetings ahead of a bond sale in Mexico's domestic market tentatively scheduled for March 19, according to people familiar with the process. The plan is for a MXP1.5bn ($118m) 2023 bond, raising funds to repay short-term bank debt. HSBC and Banamex are managing the sale. OMA is rated AA+ on a national scale. The airport concessionaire's most recent domestic bond sale was its first, a $111m-equivalent 5-year, paying TIIE+70bp, in 2011.