March 4, 2019 |
Ecuador's Quiport has met investors to discuss a possible $510m bond sale in the cross-border market, LatinFinance has confirmed.
International Airport Finance, an affiliate of the airport concessionaire, will sell the notes for Quiport to pay off existing loans and reimburse its shareholders.
Quiport has hired Citi and Santander as joint bookrunners on the senior secured bond sale.
Moody's has assigned the upcoming bond sale a B2 rating with a negative outlook, saying the airport concession is
Ecuadorean airport concessionaire could raise $510m to pay off loans and reimburse shareholders