MONTERREY, Mexico, June 16, 2014 (GLOBE NEWSWIRE) -- Mexican airport operator Grupo Aeroportuario del Centro Norte, S.A.B. de C.V., known as OMA (Nasdaq:OMAB) (BMV:OMA), announces the successful placement of 7-year Notes in the Mexican market.
The Ps. 3,000 million in long-term Notes (Certificados Bursátiles; ticker OMA14) were placed today at a fixed rate of 6.85%; bids were 2.2 times the amount offered. The Notes pay interest every 182 days, and mature on June 7, 2021. They received a rating of mxAA+ from Standard & Poor's and AA+ (mex) from Fitch Ratings. OMA expects to use the proceeds of the Notes to prepay its Ps. 1,300 million principal amount of floating rate notes issued in 2011 (ticker OMA11). The floating rate notes will be paid on their next interest payment date – July 11, 2014. The balance of the new Notes will be used to finance Master Development Program investments at OMA's 13 airports and strategic investments.
This press release is for information purposes only and does not constitute an offer to sell or the solicitation of an offer to purchase the Notes.
This press release may contain forward-looking information and statements. Forward-looking statements are statements that are not historical facts. These statements are only predictions based on our current information and expectations and projections about future events. Forward-looking statements may be identified by the words "believe," "expect," "anticipate," "target," "estimate," or similar expressions. While OMA's management believes that the expectations reflected in such forward-looking statements are reasonable, investors are cautioned that forward-looking information and statements are subject to various risks and uncertainties, many of which are difficult to predict and are generally beyond the control of OMA, that could cause actual results and developments to differ materially from those expressed in, or implied or projected by, the forward-looking information and statements. These risks and uncertainties include, but are not limited to, those discussed in our most recent annual report filed on Form 20-F under the caption "Risk Factors." OMA undertakes no obligation to publicly update its forward-looking statements, whether as a result of new information, future events, or otherwise.
Grupo Aeroportuario del Centro Norte, S.A.B. de C.V., known as OMA, operates 13 international airports in nine states of central and northern Mexico. OMA's airports serve Monterrey, Mexico's third largest metropolitan area, the tourist destinations of Acapulco, Mazatlán, and Zihuatanejo, and nine other regional centers and border cities. OMA also operates a hotel inside Terminal 2 of the Mexico City airport. OMA employs over 1,000 persons in order to offer passengers and clients, airport and commercial services in facilities that comply with all applicable international safety, security standards, and ISO 9001:2008. OMA's strategic shareholder members are ICA, Mexico's largest engineering, procurement, and construction company, and Aéroports de Paris Management, subsidiary of Aéroports de Paris, the second largest European airports operator. OMA is listed on the Mexican Stock Exchange (OMA) and on the NASDAQ Global Select Market (OMAB). For more information, visit
- Webpage http://ir.oma.aero
- Twitter http://twitter.com/OMAeropuertos
- Facebook https://www.facebook.com/OMAeropuertos