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OMA becomes the first airport operator to place a green bond in the Mexican market
04/16/2021 Since 5 months

Grupo Aeroportuario del Centro Norte (OMA) is the first airport operator in Mexico to place green bonds on the Mexican Stock Exchange, raising approximately 1 billion Mexican pesos (equivalent to about USD 50 million) to be used for sustainable projects at its 13 airports. This offering is part of a broader offering of long-term certificados bursátiles totalling 3.5 billion Mexican pesos (USD 175 million).
The sale of securities was conducted under two issues. The first for 1 billion Mexican pesos was placed under the label of a five-year green bond (OMA 21V) with a floating rate TIIE28 plus 75 basis points. The second tranche (OMA 21-2) for 2.5 billion Mexican pesos has a seven-year term with a fixed annual rate of 7.83%. Both issues obtained the highest credit ratings in Mexico of Baa1/Aaa.mx by Moody’s and AAA (mex) by Fitch on a national scale.
The proceeds will be used to finance eligible projects according to the Framework, which is aligned with the Green Bond Principles of the International Capital Markets Association (GBP 2018). They will be used mainly for the implementation of solar panels and other energy efficiency and water management projects.

This post is also available in: Spanish

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