OMA launches local notes

OMA launches local notes

Bonds Fixed Income Capital Markets Mexico Coronavirus

Mexican airport operator Grupo Aeroportuario del Centro Norte, which goes by the initials OMA, plans to issue up to MXN3.5 billion ($170 million) in bonds in the local market to pay off debt, Fitch Ratings said in a report on Wednesday. Monterrey-based OMA will split the deal in two parts with one series of five-year floating-rate notes and another of seven-year, fixed-rated notes. It will use the money to pay off MXN3 billion in local bonds that mature in June and put the rest towards general c

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial