August 23, 2022 |
Two issuers in Mexico — airport operator Grupo Aeroportuario del Pacífico (GAP) and toll road concessionaire Concesionaria de Autopistas del Sureste (CAS) — are each expected to raise MXN5.3 billion ($263 million) in the local bond market.
GAP is planning to issue sustainability-linked bonds (SLBs) in a two-part deal to fund investments and pay off short-term debt, according to reports from S&P Global Ratings and Moody's.
The airport operator is looking to price four-year notes at a floatin
Mexican airport operator and toll road concessionaire are each expected to issue $263 mln in new notes