Report of Foreign Issuer (6-k)
January 10 2018 - 10:10AM
Edgar (US Regulatory)
ddee
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE
ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934
For the month of
January 2018
Commission File Number: 001-32751
GRUPO AEROPORTUARIO DEL PACÍFICO S.A.B. DE C.V.
(PACIFIC AIRPORT GROUP)
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(Translation of
Registrant’s Name Into English)
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México
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(Jurisdiction
of incorporation or organization)
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Avenida Mariano Otero No. 1249-B
Torre Pacifico, Piso 6
Col. Rinconada del Bosque
44530 Guadalajara, Jalisco, México
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(Address of principal
executive offices)
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Indicate by check mark whether the registrant files or will file
annual reports under cover of Form 20-F or Form 40-F
Form 20-F
x
Form 40-F
o
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
____
Note
: Regulation S-T Rule 101(b)(1) only permits the submission
in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):
____
Note:
Regulation S-T Rule 101(b)(7) only permits the submission
in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish
and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the
registrant’s “home country”), or under the rules of the home country exchange on which the registrant’s
securities are traded, as long as the report or other document is not a press release, is not required to be and has not been
distributed to the registrant’s security holders, and, if discussing a material event, has already been the subject of a
Form 6-K submission or other Commission filing on EDGAR.
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GRUPO
AEROPORTUARIO DEL PACIFICO ANNOUNCES
LONG-TERM
DEBT FINANCING FOR INVESTMENTS AT MBJ AIRPORTS LIMITED
Guadalajara, Jalisco, Mexico, January 9, 2018 -
Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE: PAC; BMV: GAP) (the “Company” or “GAP”)
announced that its subsidiary MBJ Airports Limited (“MBJA”) signed loan agreements on December 28, 2017 with
The
Bank of Nova Scotia Jamaica Limited
and
The Bank of Nova Scotia,
which were duly formalized today
.
The loan proceeds
are to finance the airport’s Capital Development Program for 2018 and 2019.
The loan amount of US$40.0 million is available
for disbursement up to twenty-four months from the closing date, to be utilized as per the progress of the capital works. The following
are the loan agreement characteristics:
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I)
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Loan
from Bank of Nova Scotia Jamaica Limited
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Principal:
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US$11.5 million
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Interest
Rate:
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Libor plus 285 basis points
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Interest Period:
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Monthly
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Maturity:
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7 years
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(a)
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2
year bridge period from the initial disbursement
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(b)
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5
year period fully amortized over term
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Repayment:
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T
en
equal semi-annual payments of US$1.15 million, following the 2 year bridge period
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Disbursement
Fee:
0.35% payable at closing
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II)
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Loan
from Bank of Nova Scotia
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Principal:
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US$28.5 million
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Interest Rate:
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Libor plus 285 basis
points
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Interest Period:
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Monthly
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Maturity:
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7 years
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(a)
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2
year bridge period from the initial disbursement for Construction
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(b)
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5
year period fully amortized over term
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Repayment:
Ten
equal semi-annual payments of US$2.85 million following the 2 year
bridge
period
Disbursement
Fee:
0.35% payable at closing
For more information
please visit
www.aeropuertosgap.com.mx
or contact:
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In Mexico
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In the U.S.
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Saúl Villarreal García, Chief Financial Officer
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Maria Barona
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Paulina Sánchez, Investor Relations Officer
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i-advize Corporate Communications
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Grupo Aeroportuario del Pacífico, S.A.B. de C.V.
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Tel: 212 406 3691/94
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Tel: 52 (33) 38801100 ext 20151
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gap@i-advize.com
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svillarreal@aeropuertosgap.com.mx
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psanchez@aeropuertosgap.com.mx
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* * *
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 Concesiones Aeroportuarias, S.L., which owns a majority stake of MBJ Airports
Limited, a company operating the Sangster International Airport in Montego Bay, Jamaica.
This press release
may contain forward-looking statements. These statements 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 conditions, 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 actually 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.
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 may involve criminal conduct
or violations. The telephone number in Mexico, facilitated by a third party that is in charge of collecting these complaints,
is 01-800-563-0047. The web site is
http://www.lineadedenuncia.com/gap
. GAP’s Audit
Committee will be notified of all complaints for immediate investigation.
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized.
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Grupo Aeroportuario del Pacífico, S.A.B. de C.V.
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By:
/s/ SAÚL VILLARREAL GARCÍA
Name: Saúl Villarreal García
Title: Chief
Financial Officer
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Date:
January 9, 2018
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