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Press Release: Grupo Aeroportuario del Pacifico Announces Refinancing of Bank Loan for USD$95.5 Million

Dow Jones03-20 08:57

GUADALAJARA, Mexico, March 19, 2026 (GLOBE NEWSWIRE) -- Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE: PAC; BMV: GAP) (the "Company" or "GAP") announced that today it refinanced a bank loan for USD$95.5 million with BBVA México, S.A., which was due on this same date, by entering into a new financing agreement with the same institution.

The new loan has a six-month term, with the option to extend for an additional six months, with interest payable monthly at a variable rate equivalent to SOFR plus 40 basis points. It also includes a structuring fee of 10 basis points and, if the extension option is exercised, an additional fee of 10 basis points. The principal will be paid at maturity.

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.

 
This press release may contain forward-looking statements. 
 These statements are statements that are not historical 
 facts and are based on management's current view and 
 estimates of future economic circumstances, industry 
 conditions, company performance, and financial results. 
 The words "anticipates", "believes", "estimates", 
 "expects", "plans" and similar expressions, as they 
 relate to the company, are intended to identify forward-looking 
 statements. Statements regarding the declaration or 
 payment of dividends, the implementation of principal 
 operating and financing strategies and capital expenditure 
 plans, the direction of future operations, and the 
 factors or trends affecting financial condition, liquidity, 
 or results of operations are examples of forward-looking 
 statements. Such statements reflect the current views 
 of management and are subject to a number of risks 
 and uncertainties. There is no guarantee that the 
 expected events, trends, or results will occur. The 
 statements are based on many assumptions and factors, 
 including general economic and market conditions, 
 industry conditions, and operating factors. Any changes 
 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 and Social   asoto@aeropuertosgap.com.mx 
Responsibility Officer 
 
Gisela Murillo, Investor Relations              gmurillo@aeropuertosgap.com.mx 
                                                 +52 33 3880 1100 ext. 20294 
 
 

(END) Dow Jones Newswires

March 19, 2026 20:57 ET (00:57 GMT)

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