Grupo Aeroportuario del Pacifico Announces the Extension of a USD$60.0 Million Credit Line for Its Subsidiary MBJ Airports Limited (MBJA)

GUADALAJARA, Mexico, March 31, 2025 (GLOBE NEWSWIRE) -- Grupo Aeroportuario del Pacífico, S.A.B. de C.V., (NYSE:PAC; BMV: GAP) ("the Company" or "GAP") announces that its subsidiary, MBJ Airports Limited (MBJA), has extended the maturity date to October 4, 2029, of its USD$60.0 million credit line with the Bank of Nova Scotia and the Bank of Nova Scotia Jamaica Limited.

The credit line carries a monthly interest rate of SOFR plus 200 basis points and will be repaid in ten equal semi-annual installments of USD$6.0 million each. The credit line extension generated a commission fee of USD$300,000.

Company Description

Grupo Aeroportuario del Pacífico, S.A.B. de C.V. $(GAP)$ operates 12 airports throughout Mexico's Pacific region, including the major cities of Guadalajara and Tijuana, the four tourist destinations of Puerto Vallarta, Los Cabos, La Paz and Manzanillo, and six other mid-sized cities: Hermosillo, Guanajuato, Morelia, Aguascalientes, Mexicali, and Los Mochis. In February 2006, GAP's shares were listed on the New York Stock Exchange under the ticker symbol "PAC" and on the Mexican Stock Exchange under the ticker symbol "GAP". In April 2015, GAP acquired 100% of Desarrollo de Concessioner Aeroportuarias, S.L., which owns a majority stake in MBJ Airports Limited, a company operating Sangster International Airport in Montego Bay, Jamaica. In October 2018, GAP entered into a concession agreement for the Norman Manley International Airport operation in Kingston, Jamaica, and took control of the operation in October 2019.

 
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   in such assumptions or factors could cause actual 
   results to differ materially from current expectations. 
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In accordance with Section 806 of the Sarbanes-Oxley Act of 2002 and Article 42 of the "Ley del Mercado de Valores", GAP has implemented a "whistleblower" program, which allows complainants to anonymously and confidentially report suspected activities that involve criminal conduct or violations. The telephone number in Mexico, facilitated by a third party responsible for collecting these complaints, is 800 04 ETICA (38422) or WhatsApp +52 55 6538 5504. The website is www.lineadedenunciagap.com or by email at denuncia@lineadedenunciagap.com. GAP's Audit Committee will be notified of all complaints for immediate investigation.

 
Alejandra Soto, Investor Relations       asoto@aeropuertosgap.com.mx 
and Social Responsibility Officer 
 
Gisela Murillo, Investor Relations       gmurillo@aeropuertosgap.com.mx/+52 33 
                                         3880 1100 ext. 20294 
 

(END) Dow Jones Newswires

March 31, 2025 22:48 ET (02:48 GMT)