July 26, 2021
Panamanian airport operator Aeropuerto Internacional de Tocumen plans to issue new bonds to fund the buyback of its 5.625% 2036 and 6% 2048 notes, it said in a statement on Friday.
The airport operator has hired Bank of America and Citi as dealer managers on the buyback, looking to repurchase $575 million in outstanding 2036 bonds and $863 million in 2048 bonds, it said.
It offered $1,145 for every $1,000 in principal in 2036 notes and $1,170 for every $1,000 in 2048 notes, including a $50 premi
Panamanian airport operator offers to repurchase $1.44 bln in 2036 and 2048 bonds