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🇺🇸 SECSOUTHEAST AIRPORT GROUPDoubao · 实盘不做把握 6/10不做原因:其他
北京时间·🕒 发布 04:44:27·⟳ 抓取 04:44:55 +28s·⚡ 决策 10-09 04:46:00 +1m05s·19.0 天前

ASUR子公司Cancún机场发行18亿美元高级票据,用于置换收购搭桥贷款

该6-K披露的是已完成的债券发行,资金用途为再融资既有收购搭桥贷款,属资本结构与债务期限管理,未带来新增收入、指引或超预期信息;高票息(6.7%-7.5%)亦不构成明确利好,无可建立方向的正期望。

📄 原文SOUTHEAST AIRPORT GROUP↗ 原文
----- tm2627311d1_6k.htm ----- 6-K 1 tm2627311d1_6k.htm FORM 6-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washi…
不做 ASUR (Grupo Aeroportuario del Sureste)(ASR.US)
18亿美元票据发行系置换既有收购搭桥贷款的中性再融资,无新增盈利、指引或订单惊喜,不具备方向性交易edge。
展开详情(成交明细 / 研究档案 / 原文全文 / 决策记录链)

研究档案

结论摘要

ASUR子公司完成18亿美元高级票据发行,主要用于置换此前美国和巴西机场收购的搭桥贷款。这是中性的债务再融资动作,无新增基本面催化,故不做。

🔎 新鲜度:最早出现 2026-10-08 · 扩散 low · price-in 风险 low ↗

关键理由

  • 发行净收益定向用于全额再融资两笔既有收购搭桥贷款,是债务置换而非新增经营利好或利空。

主要风险

  • 若新债综合成本显著高于或低于搭桥贷款,可能小幅影响未来净财务费用,但当前披露不足以构成方向性edge。

反向证据

  • 做多前查反向 · 来源 filing · 日期 2026-10-08 · 影响 weakens
    披露仅涉及债务再融资与一般公司用途,未含收入、流量或指引上修;6.7%-7.5%票息偏高,无明确利多。
    检索:ASUR bond offering refinance bridge loan acquisition 2026 earnings guidance 原文 ↗

先例如何影响了这次决策

对本次决策的影响:未改变结论,维持AVOID;中性事件无需TP/SL校准。

方向:无可对照先例;跨境机场集团以债券发行置换收购搭桥贷款通常被视为中性资本结构事件。

涨幅量级:无高相似对齐先例,不据以设定涨跌幅。

形态:不适用;再融资类公告一般不产生显著事件驱动行情。

原文全文

展开原文 · 6,955 字
----- tm2627311d1_6k.htm -----
6-K
1
tm2627311d1_6k.htm
FORM 6-K
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 October 2026
GRUPO AEROPORTUARIO DEL SURESTE, S.A.B. de C.V.
(SOUTHEAST AIRPORT GROUP)
(Translation of Registrant’s Name Into English)
México
(Jurisdiction of incorporation or organization)
Bosque de Alisos No. 47A– 4th Floor
Bosques de las Lomas
05120 México, D.F.
(Address of principal executive offices)
(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
¨
(Indicate by check mark whether the registrant
by furnishing the information contained in this form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b)
under the Securities Exchange Act of 1934.)
Yes
¨
No
x
(If “Yes” is marked, indicate below the file number assigned
to the registrant in connection with Rule 12g3-2(b): 82-
.)
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.
Grupo Aeroportuario
del Sureste, S.A.B. de C.V.
By:
/s/ ADOLFO CASTRO RIVAS
Adolfo Castro Rivas
Chief Executive Officer
Date: October 8, 2026

----- tm2627311d1_ex99-1.htm -----
EX-99.1
2
tm2627311d1_ex99-1.htm
EXHIBIT 99.1
Exhibit 99.1
Contacts:
ASUR
Lic. Adolfo Castro
+52-55-5284-0408
acastro@asur.com.mx
Lic. David Barlow
+52-55-5284-0483
dbarlow@asur.com.mx
InspIR Group
Susan Borinelli
+1-646-330-5907
susan@inspirgroup.com
ASUR ANNOUNCES THE SUCCESSFUL PLACEMENT, BY
ITS SUBSIDIARY AEROPUERTO DE CANCÚN, S.A. DE C.V., OF 6.711% SENIOR NOTES DUE 2031 AND 7.491% SENIOR NOTES DUE 2036
Mexico City, October 8, 2026 - Grupo Aeroportuario
del Sureste, S.A.B. de C.V. (BMV: ASUR; NYSE: ASR) (“ASUR” or the “Company”)
ASUR, a leading airport group
in the Americas with operations in Mexico, Brazil, the U.S., Colombia and the Caribbean, hereby informs the investing public that its
subsidiary Aeropuerto de Cancún, S.A. de C.V. (“Aeropuerto de Cancún”) completed the offering and sale of (i)
U.S.$900,000,000.00 aggregate principal amount of senior notes, bearing interest at 6.711% per annum and maturing on October 8, 2031,
and (ii) U.S.$900,000,000.00 aggregate principal amount of senior notes, bearing interest at 7.491% per annum and maturing on October
8, 2036 (together, the “Notes”).
The Notes received the following ratings: BBB
from S&P Global Ratings and BBB+ from Fitch Ratings.
ASUR intends to use the net proceeds from the
Notes to: (i) pay, prepay or refinance in full the outstanding principal amount of the Ps.6,390,000,000 senior unsecured bridge credit
facility dated December 5, 2025, entered into among Aeropuerto de Cancún and ASUR US Commercial Airports, LLC, as borrowers, and
the Company, as guarantor, in connection with the acquisition of ASUR US Commercial Airports, LLC; and (ii) pay, prepay or refinance in
full the outstanding principal amount of the U.S.$1,299,000,000.00 senior unsecured bridge credit facility dated August 14, 2026, entered
into among Aeropuerto de Cancún, as borrower, and the Company, as guarantor, in connection with the acquisition of Companhia de
Participações em Concessões. The remaining proceeds may be used to pay, prepay or refinance other financial liabilities
and for general corporate purposes.
The Notes settled on October 8, 2026 and are expected
to be listed on the Singapore Exchange Securities Trading Limited (the “SGX-ST”).
The Notes have not been and will not be registered
under the U.S. Securities Act of 1933, as amended (the “Securities Act”), or under the securities laws of any other jurisdiction.
The Notes were offered pursuant to Rule 144A under the Securities Act (“Rule 144A”) and outside the United States, to persons
other than U.S. persons in reliance on Regulation S under the Securities Act (“Regulation S”).
THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION
OF AN OFFER TO BUY SECURITIES IN ANY COUNTRY OR JURISDICTION, INCLUDING MEXICO AND THE UNITED STATES. THE NOTES MAY NOT BE OFFERED OR
SOLD PUBLICLY IN MEXICO WITHOUT THE PRIOR AUTHORIZATION OF THE MEXICAN NATIONAL BANKING AND SECURITIES COMMISSION (COMISIÓN NACIONAL
BANCARIA Y DE VALORES) (THE “CNBV”) IN ACCORDANCE WITH THE MEXICAN SECURITIES MARKET LAW (LEY DEL MERCADO DE VALORES) AND
OTHER APPLICABLE PROVISIONS, AND WITHOUT THE CORRESPONDING REGISTRATION OF THE NOTES WITH THE MEXICAN NATIONAL SECURITIES REGISTRY (REGISTRO
NACIONAL DE VALORES) MAINTAINED BY THE CNBV, EXCEPT THAT THE NOTES MAY BE OFFERED OR SOLD TO INSTITUTIONAL OR QUALIFIED INVESTORS IN MEXICO
SOLELY PURSUANT TO THE PRIVATE PLACEMENT EXEMPTION SET FORTH IN ARTICLE 8 OF THE MEXICAN SECURITIES MARKET LAW. THE OFFERING OF THE NOTES
HAS NOT BEEN AND WILL NOT BE REVIEWED OR AUTHORIZED BY THE CNBV. THE NOTES HAVE NOT BEEN AND MAY NOT BE PUBLICLY OFFERED OR DISTRIBUTED
IN MEXICO. THE ACQUISITION OF THE NOTES BY ANY INVESTOR RESIDENT IN MEXICO SHALL BE MADE AT SUCH INVESTOR'S OWN RISK AND RESPONSIBILITY.
ASUR Page
1
of 2
About ASUR
Grupo Aeroportuario
del Sureste, S.A.B. de C.V. (ASUR) is a leading international airport group with a diversified portfolio of 36 airport concessions across
the Americas and a commercial services platform in the U.S. ASUR operates nine airports in southeastern Mexico, including Cancún
International Airport, the largest tourist gateway in Mexico, the Caribbean, and Latin America; and six airports in northern Colombia,
including Medellin international airport (Rionegro), the second busiest in Colombia. ASUR also holds a controlling interest in Aerostar
Airport Holdings, LLC, operator of Luis Muñoz Marin International Airport in San Juan, the capital of Puerto Rico, the island’s
primary international gateway. San Juan Airport was the first and remains the only major airport in the U.S. to have successfully completed
a public–private partnership under the FAA Pilot Program. The Company has recently acquired 100% of CPC Aeroporto's stake to operate
17 airports in Brazil, Latin America’s largest aviation market by passenger traffic, as well as one airport each in Costa Rica,
Curaçao, and Ecuador. ASUR also operates a commercial services platform in the U.S. through ASUR Airports, which partners with
airports and airlines to deliver enhanced retail and passenger experiences. ASUR Airports operates at major U.S. hubs, including Los Angeles
International, Chicago O’Hare, and John F. Kennedy International. Headquartered in Mexico, ASUR is listed on both the Mexican Bolsa
(BMV) under the symbol ASUR, and on the NYSE in the U.S., where it trades under the symbol ASR. One ADS represents ten (10) B-series shares.
For further information, visit
www.asur.com.mx
.
-
END -
ASUR Page
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of 2

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