23 Sep 2019 Mexico City Airport Trust issued $6 billion of green bonds in 2016 and 2017 to finance the construction of a new airport; Exemplary green 21 Mar 2019 Scrapped New City Airport, Struggling Pemex Dominate Discussions at hosted by HSBC and Bonds & Loans in Mexico in February have The Airport has on-site U.S. and Mexican customs services, an FAA-contract air Reuse Zone, Foreign Trade Zone, Opportunity Zone, or Private Activity Bonds. The NAICM Green Bond is the first bond from emerging markets to obtain a rating of GB1 from Moody's; the first green bond related to the construction and 11 Jan 2019 19, the Mexican government reached an agreement with project bondholders to buy back roughly one-third of the bonds that had been sold.
7 Aug 2017 S&P has positively evaluated the first series of senior bonds worth $2 billion that were issued by Mexico City Airport Trust in September 2016.
Mexico offers to buy debt of canceled airport, but work continues. TEXCOCO, Mexico (Reuters) - Mexico said on Monday it would repurchase some of the debt used to fund a partly-built airport canceled by the new president, even as work at the site continued for the time being. Mexico City’s airport bonds finally showed signs of stabilizing Wednesday after President Andres Manuel Lopez Obrador caught investors by surprise with his decision to scrap the controversial project. Still, at just 80 cents on the dollar now, the bonds have had a rough October. Mexico offers to buy back airport bonds. Mexico’s government has offered to buy back a portion of $6bn of bonds sold to finance a major new airport now slated for cancellation, in the first major test of how the new leftwing administration will handle international investors. Why Mexico’s Airport Is Rattling the Bond Market: QuickTake. In addition to the bonds, another $1.6 billion in funding came from an initial public offering of Fibra E shares - a hybrid between a
Mexico offers to buy back airport bonds. Mexico’s government has offered to buy back a portion of $6bn of bonds sold to finance a major new airport now slated for cancellation, in the first major test of how the new leftwing administration will handle international investors.
15 Feb 2019 the repurchase of the bonds that were issued abroad through the Mexico City Airport Trust Fund (“MEXCAT”), as well as the cost of this decision 29 Apr 2019 Construction on a new airport will begin in Mexico City today. markets—it precipitated a sell-off of some $2.2 billion in government bonds.
Mexico has no plan to sweeten airport bond buyback offer. Mexico does not plan to improve its latest offer to holders of $6bn in bonds issued to fund an airport that is now slated for cancellation, according to the finance ministry, despite a group claiming to represent 50 per cent of the bondholders having given it the thumbs down.
MEXICO CITY—Mexico has sold $2 billion in green bonds to partially finance the new Mexico City airport, marking Latin America’s largest such issuance to date and one that furthers Mexico’s
In fact, Mexico and the US are frequently mentioned in the same stories – a conjunction that has taken the Mexican currency and bond markets on a volatile ride
New International Airport of Mexico City (NAICM) under construction. Mexican officials may need to come up with a new proposal to placate bondholders who invested in an airport project that the government now wants to cancel. The list of potential losers from the cancellation of Mexico City’s $13 billion airport project starts with the nation’s richest man and goes on to embrace businesses, investors, airlines and