Mexico City International Airport

Overview:

• Mexico City is building a new international airport, which will replace Benito Juárez, Mexico City’s current airport, which has faced issues with congestion for several years.
• The airport hopes to maintain a LEED Platinum certification and should be operational by 2020.
• Carlos Slim, a Mexican billionaire, led a consortium which won a concession to develop an airport terminal at the airport.
• In September 2016, The Mexican Ministry of Communications and Transportation and Aeropuertos y Servicios Auxiliares announced an issue of $2 billion green bonds to finance the airport.
• The issue includes $1 billion 4.25% senior secured notes which reach maturity in 2026 and $1 billion 5.5% senior secured notes which reach maturity in 2046.
• Citigroup, JPMorgan and HSBC acted as joint bookrunners.

Rani Mehta - Journalist