OMA announces placement of Green Notes

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Mexico City, Mexico, April 14th, 2021 — Mexican airport operator Grupo Aeroportuario del Centro Norte, S.A.B. de C.V., known as OMA (NASDAQ: OMAB; BMV: OMA), announces the successful placement of Ps.3,500 million in long-term notes (certificados bursátiles) in the Mexican market through two tranches issued jointly as part of a program to issue long-term notes (“the Issuances”). One of the tranches was placed as a Green Bond. After this transaction, OMA becomes the first airport operator to place a Green Bond in the Mexican market and the only one with an outstanding Green Bond in Latin America; proceeds from the Green Bond will be used to finance sustainable projects in our thirteen airports, which seek to reduce the environmental impact of airport operations.

The Issuances were widely accepted, with participation from almost 40 investors, including “Afores”, investment funds, and insurance companies. Demand of both tranches was 4.3 times the amount offered.

The issuances are the following:

  1. Ps.1,000 million in 5-year Green Notes (ticker: OMA21v) at a variable rate of TIIE 28 + 75 basis points. The Green Notes pay interest every 28 days, and principal amount will be paid at maturity on April 10, 2026.
  2. Ps.2,500 million in 7-year Notes (ticker: OMA21-2) at a fixed rate of 7.83%. The notes pay interest every 182 days, and principal amount will be paid at maturity on April 7, 2028.

 

Both issuances received the highest ratings in Mexico of Baa/Aaa.mx by Moody’s and AAA(mex) by Fitch on a national scale.

Book building took place today and settlement will occur on April 16, 2021. Proceeds from the issuances will be used to prepay, on April 19, 2021, the Ps.3,000 million Notes (ticker OMA14) that were issued in June 2014, and to finance the following eligible projects in accordance with the Green Bond Framework, which is aligned with the ICMA Green Bond Principles (GBP, 2018) and received a positive second-party opinion from Sustainalytics US Inc.:

  • Renewable Energy: Investments dedicated to generation of energy from renewable sources, mostly solar power and battery banks using solar power.
  • Energy Efficiency: Investments in high efficiency equipment that reduce energy consumption, and projects that enable monitoring and optimization of the energy consumption.
  • Other projects for Sustainable Water and Wastewater Management; and Biodiversity.

 

“The Green Notes will allow us to fund sustainable investments focused mainly on the implementation of solar panels, as well as other energy efficiency and water management projects”, said Ricardo Dueñas Espriu, CEO of OMA.

This press release is for information purposes only and does not constitute an offer to sell or the solicitation of an offer to purchase the Notes.

Miranda Newswire – Full Press Release: Download PDF 


Investor Relations Contact Details

Chief Financial Officer
Ruffo Pérez Pliego
+52 (81) 8625 4300
rperezpliego@oma.aero 

Investor Relations 
Emmanuel Camacho 
+52 (81) 8625 4308
ecamacho@oma.aero 

 
Forward Looking Statements
This report may contain forward-looking information and statements. Forward-looking statements are statements that are not historical facts. These statements are only predictions based on our current information and expectations and projections about future events. Forward-looking statements may be identified by the words “believe,” “expect,” “anticipate,” “target,” “estimate,” or similar expressions. While OMA’s management believes that the expectations reflected in such forward-looking statements are reasonable, investors are cautioned that forward-looking information and statements are subject to various risks and uncertainties, many of which are difficult to predict and are generally beyond the control of OMA, that could cause actual results and developments to differ materially from those expressed in, or implied or projected by, the forward-looking information and statements. These risks and uncertainties include, but are not limited to, those discussed in our most recent annual report filed on Form 20-F under the caption “Risk Factors.” OMA undertakes no obligation to update publicly its forward-looking statements, whether as a result of new information, future events, or otherwise.
 
About OMA
Grupo Aeroportuario del Centro Norte, S.A.B. de C.V., known as OMA, operates 13 international airports in nine states of central and northern Mexico. OMA’s airports serve Monterrey, Mexico’s third largest metropolitan area, the tourist destinations of Acapulco, Mazatlán, and Zihuatanejo, and nine other regional centers and border cities. OMA also operates the NH Collection Hotel inside Terminal 2 of the Mexico City airport and the Hilton Garden Inn at the Monterrey airport. OMA employs over 1,000 persons in order to offer passengers and clients airport and commercial services in facilities. OMA is listed on the Mexican Stock Exchange (OMA) and on the NASDAQ Global Select Market (OMAB). For more information, visit:
• Web Page (http://ir.oma.aero)
• Twitter (http://twitter.com/OMAeropuertos)
• Facebook (https://www.facebook.com/OMAeropuertos)

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