GAP rolls over BBVA, Scotiabank loans

GAP rolls over BBVA, Scotiabank loans

Loans Debt Corporate & Sovereign Strategy Project & Infrastructure Finance Tourism Mexico Canada Spain

Mexican airport operator Grupo Aeroportuario del Pacífico (GAP) said it has refinanced $191 million in loans from the local divisions of BBVA and Scotiabank to extend maturities by two years. The company refinanced a $95.5 million loan from BBVA México and delayed the due date to March 2026 from February 2024, GAP said in a securities filing. It added that it the loan carries a rate of 2.45% per year with the principal due at maturity. GAP also refinanced a loan from Scotiabank Inverlat for the

Already have an account?

Free trial

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

Free Trial