financetom
Business
financetom
/
Business
/
Grupo Aeroportuario del Pacifico Issues $283.8 Million in Bonds
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Grupo Aeroportuario del Pacifico Issues $283.8 Million in Bonds
Sep 6, 2024 1:24 PM

04:08 AM EDT, 09/06/2024 (MT Newswires) -- Grupo Aeroportuario del Pacifico (PAC) said Thursday that it issued about 56.5 million long-term bond certificates in Mexico with a five-year maturity at a nominal value of 100 pesos ($5.02) for a total value of about 5.65 billion pesos.

The company said the order book reached an over-subscription of 1.2 times over the original amount.

The proceeds from the bond issuance will be used to pay down other debt, fulfill committed capital investments, and make commercial investments.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Why Jumia Technologies Stock Is Tanking
Why Jumia Technologies Stock Is Tanking
Aug 6, 2024
Jumia Technologies AG ( JMIA ) shares are dropping Tuesday after the company posted worse-than-expected sales results for the second quarter. The Details: Jumia ( JMIA ) reported revenue of $36.5 million which missed the analyst consensus estimate by 19.09% and represents a decrease of 17% year-over-year.  Marketplace revenue was $20 million, down 10% year-over-year, and first-party sales revenue was...
Musk's X accuses advertisers of illegal boycott in new lawsuit
Musk's X accuses advertisers of illegal boycott in new lawsuit
Aug 6, 2024
Aug 6 (Reuters) - Elon Musk's social media platform X on Tuesday sued a global advertising alliance and several major companies, including Mars and CVS Health ( CVS ), accusing them of unlawfully conspiring to boycott the site and causing it to lose revenue. X filed the lawsuit in federal court in Texas against the World Federation of Advertisers, Unilever...
--Morgan Stanley Adjusts Hertz Global Holdings' PT to $7 From $8, Keeps Equalweight Rating
--Morgan Stanley Adjusts Hertz Global Holdings' PT to $7 From $8, Keeps Equalweight Rating
Aug 6, 2024
12:37 PM EDT, 08/06/2024 (MT Newswires) -- Price: 3.68, Change: -0.09, Percent Change: -2.26 ...
Valeo Pharma Up 37% as it Appoints Moghaddam as Chief Executive
Valeo Pharma Up 37% as it Appoints Moghaddam as Chief Executive
Aug 6, 2024
12:40 PM EDT, 08/06/2024 (MT Newswires) -- Valeo Pharma ( VPHIF ) was last seen up 37% after the company on Tuesday said Chief Development Officer Al Moghaddam will succeed the retiring Steve Saviuk as the company's chief executive. Saviuk will move to chair Valeo's board of directors, taking over from Richard MacKay, who will remain a board member. I...
Copyright 2023-2026 - www.financetom.com All Rights Reserved