September 26, 2022 |
Mexican airport operator Grupo Aeroportuario del Pacífico (GAP) said it sold MXN2.75 billion ($136 million) worth of sustainability-linked bonds (SLBs) in the local market, short of the target of MXN5.3 billion target, according to a securities filing.
GAP issued a series of new 2026 bonds at 9.2%, but it abandoned the planned sale of 2029 notes, it said in a filing on Thursday.
The company tied the interest rate on the 2026 bonds to targets to reduce greenhouse gas emissions by 25% to 46,703 t
Mexican airport operator raises $136 mln after aiming for almost twice that