Grupo Aeromexico ("Aeromexico"), reports that today, it successfully concluded the offering of debt instruments in the form of Senior Unsecured Notes (the "Notes") by its subsidiary Aerovias de Mexico, S.A. de C.V. for US$400 million dollars, offered in the United States of America under Rule 144 A of the Securities Act of 1933 of the United States of America and outside the U.S. under Regulation S of the Securities Act.
The Notes will be guaranteed by Grupo Aeromexico, S.A.B. de C.V. and will have an annual coupon of 7%.They will mature in February 2025. After a Roadshow across major cities in the United States and Europe, the issuance was oversubscribed by almost three times the amount offered. This is the first time in decades that a Mexican airline has had access to the international unsecured bond market, reflecting the confidence of investors in Aeromexico.
Morgan Stanley & Co. LLC and Goldman Sachs & Co. LLC. acted as joint book-runners for the Notes.
Aeromexico reiterates to its passengers, investors and the public its unwavering commitment to safety and offering customer service excellence.