🇺🇸 SECPacific Airport GroupDoubao · 实盘不做把握 8/10不做原因:标的无直接敞口
北京时间·🕒 发布 09-12 05:35:37·⟳ 抓取 18:00:14 +2d12h·⚡ 决策 09-14 18:02:54 +2m40s·43.2 天前
GAP签署80亿比索银行授信,主要用于滚续9-10月到期债务及机场资本开支
这是一笔预期内的流动性管理:超半数资金用于偿还数周内到期债务(借新还旧,不改变净负债),其余为早已纳入Master Development Program的常规资本开支融资;条款为市场水平的短期TIIE+45bp过桥授信,无盈利、指引、合同或控制权增量,相对GAP约百亿级美元市值不具重大性,缺少可交易的方向性edge。
📄 原文Pacific Airport Group↗ 原文
----- f6k_091126.htm ----- 6-K 1 f6k_091126.htm FORM 6-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D…
不做 Grupo Aeroportuario del Pacífico (Pacific Airport Group)(PAC.US)
80亿比索授信主要为9-10月到期债务借新还旧(42.58亿)+已规划capex(37.42亿),短期TIIE+45bp过桥融资,属例行资产负债表管理,无盈利/指引/订单/控制权增量,相对大市值不具materiality,无方向性edge,不做。
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
GAP借80亿比索主要为9-10月到期债务做再融资(42.58亿借新还旧)+补充常规capex,属例行资产负债表管理,无盈利或估值催化,不构成交易机会,AVOID。
🔎 新鲜度:最早出现 2026-09-11 · 扩散 low · price-in 风险 low ↗
关键理由
- 授信中Ps.4,258m用于偿还临近到期债务凭证,属借新还旧,净负债基本不变
- 剩余Ps.3,742m对应已规划机场capex,且为6-12个月短期过桥性质,无新增盈利信息
主要风险
- 短期浮动利率(TIIE+45bp)若长期占比上升可能小幅抬升财务费用,但本次为过渡性安排,影响有限
反向证据
- 做多前查反向 · 来源 filing · 日期 2026-09-11 · 影响 none
6-K全文无指引调整、无分红变化、无意外内容;资金用途明确为还债与既定capex,未发现可支撑做多的正向surprise
检索:GAP PAC 再融资 是否伴随业绩指引上调/特殊分红/资本结构改善超预期 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:例行再融资缺少可交易edge,直接AVOID,不据此设定tp/sl
方向:无可对照先例;常规投资级机场运营商银行授信/债务滚续通常市场零反应
涨幅量级:无高相似对齐样本,且事件本身无方向性催化,不以先例定幅度
形态:不适用
工具执行结果 · 成功 1 · 降级 0 · 失败 0 · 取消 0
- search_processed_events 成功 stock_tools HTTP · 76 ms
{"result": "search_processed_events:agent query=`gap pac bank loan refinance gap22l gap21-v debt certificates 2026 | grupo aeroportuario del pacifico credit facilities ps. 8,000 million gap | pacific airport group credit agreemen`;结构化索引覆盖完整 72 小时;旧记录兼容扫描近 0.0/72 小时、0 条本臂决策(完整),返回 0 条候选。未命中只表示这些 agen
原文全文
展开原文 · 5,478 字
----- f6k_091126.htm -----
6-K
1
f6k_091126.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 September 2026
Commission File Number:
001-32751
GRUPO AEROPORTUARIO DEL PACÍFICO S.A.B. DE C.V.
(PACIFIC
AIRPORT GROUP)
(Translation of registrant's name into
English)
México
(Jurisdiction of incorporation or organization)
Avenida Mariano Otero No. 1249-B
Torre Pacifico, Piso 6
Col. Rinconada del Bosque
44530
Guadalajara, Jalisco, México
(Address
of principal executive office)
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 [ ]
EXHIBIT 99.1
Grupo Aeroportuario del Pacifico Announces the Execution of Bank
Credit Facilities Totaling Ps. 8,000 Million
GUADALAJARA, Mexico, Sept. 11, 2026 (GLOBE NEWSWIRE) -- Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:
PAC; BMV: GAP) (“the Company” or “GAP”) announces that it has entered into credit facilities with several financial
institutions for an aggregate amount of Ps. 8,000 million.
The funds will be drawn down gradually and will be used primarily to pay long-term debt certificates maturing in September
and October 2026, as well as to finance capital expenditures included in the Master Development Program for the Company’s airports
in Mexico.
Of the total amount contracted, Ps. 4,258 million will be used to pay the “GAP22L” debt certificates, totaling
Ps. 2,758 million and maturing on September 21, 2026, and the “GAP21-V” debt certificates, totaling Ps. 1,500 million and
maturing on October 9, 2026. The remaining Ps. 3,742 million will be used to fund capital expenditures.
The credit facilities were entered into with Santander, BBVA, HSBC, J.P. Morgan and Scotiabank, with terms ranging
from 6 to 12 months, including certain facilities with an option to extend for an additional 6 months, at a floating interest rate based
on Funding TIIE plus a weighted-average spread of 45 basis points.
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 Concessioner Aeroportuarias, S.L., which
owns a majority stake in MBJ Airports Limited, a company operating Sangster International Airport in Montego Bay, Jamaica. In October
2018, GAP entered into a concession agreement for the Norman Manley International Airport operation in Kingston, Jamaica, and took control
of the operation in October 2019.
This press release may contain forward-looking statements. These statements are statements that 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 condition, 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 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 involve criminal conduct or violations. The telephone number in Mexico, facilitated by a third party responsible for collecting
these complaints, is 800 04 ETICA (38422) or WhatsApp +52 55 6538 5504. The website is www.lineadedenunciagap.com or by email at denuncia@lineadedenunciagap.com.
GAP’s Audit Committee will be notified of all complaints for immediate investigation.
Saúl Villarreal, Chief Financial Officer
svillarreal@aeropuertosgap.com.mx
Gisela Murillo, Investor Relations
gmurillo@aeropuertosgap.com.mx
+52 33 3880 1100 ext. 20294
SIGNATURES
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 Pacífico,
S.A.B. de C.V.
(Registrant)
Date: September 11, 2026
/s/ SAÚL VILLARREAL GARCÍA
Saúl Villarreal García
Chief Financial Officer
6-K
1
f6k_091126.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 September 2026
Commission File Number:
001-32751
GRUPO AEROPORTUARIO DEL PACÍFICO S.A.B. DE C.V.
(PACIFIC
AIRPORT GROUP)
(Translation of registrant's name into
English)
México
(Jurisdiction of incorporation or organization)
Avenida Mariano Otero No. 1249-B
Torre Pacifico, Piso 6
Col. Rinconada del Bosque
44530
Guadalajara, Jalisco, México
(Address
of principal executive office)
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 [ ]
EXHIBIT 99.1
Grupo Aeroportuario del Pacifico Announces the Execution of Bank
Credit Facilities Totaling Ps. 8,000 Million
GUADALAJARA, Mexico, Sept. 11, 2026 (GLOBE NEWSWIRE) -- Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:
PAC; BMV: GAP) (“the Company” or “GAP”) announces that it has entered into credit facilities with several financial
institutions for an aggregate amount of Ps. 8,000 million.
The funds will be drawn down gradually and will be used primarily to pay long-term debt certificates maturing in September
and October 2026, as well as to finance capital expenditures included in the Master Development Program for the Company’s airports
in Mexico.
Of the total amount contracted, Ps. 4,258 million will be used to pay the “GAP22L” debt certificates, totaling
Ps. 2,758 million and maturing on September 21, 2026, and the “GAP21-V” debt certificates, totaling Ps. 1,500 million and
maturing on October 9, 2026. The remaining Ps. 3,742 million will be used to fund capital expenditures.
The credit facilities were entered into with Santander, BBVA, HSBC, J.P. Morgan and Scotiabank, with terms ranging
from 6 to 12 months, including certain facilities with an option to extend for an additional 6 months, at a floating interest rate based
on Funding TIIE plus a weighted-average spread of 45 basis points.
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 Concessioner Aeroportuarias, S.L., which
owns a majority stake in MBJ Airports Limited, a company operating Sangster International Airport in Montego Bay, Jamaica. In October
2018, GAP entered into a concession agreement for the Norman Manley International Airport operation in Kingston, Jamaica, and took control
of the operation in October 2019.
This press release may contain forward-looking statements. These statements are statements that 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 condition, 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 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 involve criminal conduct or violations. The telephone number in Mexico, facilitated by a third party responsible for collecting
these complaints, is 800 04 ETICA (38422) or WhatsApp +52 55 6538 5504. The website is www.lineadedenunciagap.com or by email at denuncia@lineadedenunciagap.com.
GAP’s Audit Committee will be notified of all complaints for immediate investigation.
Saúl Villarreal, Chief Financial Officer
svillarreal@aeropuertosgap.com.mx
Gisela Murillo, Investor Relations
gmurillo@aeropuertosgap.com.mx
+52 33 3880 1100 ext. 20294
SIGNATURES
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 Pacífico,
S.A.B. de C.V.
(Registrant)
Date: September 11, 2026
/s/ SAÚL VILLARREAL GARCÍA
Saúl Villarreal García
Chief Financial Officer
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