Welcome to our dedicated page for Grupo Aeroport news (Ticker: PAC), a resource for investors and traders seeking the latest updates and insights on Grupo Aeroport stock.
Grupo Aeroportuario del Pacífico, S.A.B. de C.V. reports developments tied to airport concessions in Mexico and Jamaica. The company operates 12 airports in Mexico’s Pacific region, including Guadalajara, Tijuana, Puerto Vallarta, Los Cabos, La Paz and Manzanillo, and operates Jamaican airports through Sangster International Airport in Montego Bay and Norman Manley International Airport in Kingston.
Recurring news covers monthly passenger traffic by airport, airline and route disruptions, infrastructure investment programs, shareholder meeting resolutions, annual reports, and capital-structure actions. Company updates also include the completed consolidation of Cross Border Xpress and technical assistance services, alongside disclosures affecting Series B and Series BB shares.
Grupo Aeroportuario del Pacífico (PAC) announced a loan agreement for US$60 million with The Bank of Nova Scotia for its Montego Bay Airport operations. The funding will support the airport's Capital Development Program and corporate purposes. The first drawdown of US$30 million occurred on September 3, 2020. The loan has a 5-year term with a possible 2-year extension, carrying a monthly interest rate of Libor plus 310 basis points. The company operates 12 airports in Mexico and has interests in Jamaican airport facilities.