March 22, 2013
Grupo Aeroportuario Centro Norte (OMA) is preparing to price today a MXP1.5
Grupo Aeroportuario Centro Norte (OMA) is preparing to price today a MXP1.5bn ($121m) domestic bond, according to people familiar with the process. The 2023 bond would raise 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 previous domestic bond sale was its first, a $111m-equivalent 5-year, paying TIIE+70bp, in 2011.