September 24, 2020 |
Panama's Tocumen International Airport on Wednesday announced it is seeking consent from holders of its 5.625% 2036 notes and 6% 2048 notes to amend indentures that will allow it to raise liquidity needed to operate during the coronavirus pandemic.
The company said that it has received a $50 million liquidity line offer from Panamanian government-owned banks and an offer from commercial lenders for a $50 million credit line. But to access those new sources of liquidity, creditors need to improve
Panama's international airport says it is seeking additional capacity to raise liquidity