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Grupo Aeroportuario del Pacifico Unit Extends Maturity of $60 Million Credit Line
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Grupo Aeroportuario del Pacifico Unit Extends Maturity of $60 Million Credit Line
Apr 1, 2025 1:34 AM

04:00 AM EDT, 04/01/2025 (MT Newswires) -- Grupo Aeroportuario del Pacifico (PAC) said late Monday its MBJ Airports subsidiary has extended the maturity date of its $60 million credit line with the Bank of Nova Scotia and Bank of Nova Scotia Jamaica to Oct. 4, 2029.

The company said the credit line, which carries a monthly interest rate of SOFR plus 200 basis points, will be repaid in 10 equal semi-annual installments of $6 million each.

The credit line extension generated a commission fee of $300,000, the company said.

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