Nicaragua Airport Issues $60 million in Bonds

The International Airports Management Company (EEAI) completed the bond issuance to refinance debt and investments.

Thursday, April 30, 2009


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Of the total issue, $41 million will be used to refinance the debt acquired with banks and the remainder for investment in the Puerto Cabezas airport.

The bonds will pay interest rates of 8% and 9%, with terms of 5 to 20 years.

According to the article in Elnuevodiario.com.ni, "the firm, Sociedad Calificadora de Riesgos Centroamericana, SA, SCRiesgo, issued its report qualifying the new EAAI bond issue, giving it a rating of scr A +.

More on this topic

Tocumen to Issue $650 Million in Bonds

July 2013

The bonds will be issued in July and August, and the funds will be used for the airport's expansion program, said the operator of Tocumen International Airport.

According to the Minister of Economy, Frank De Lima, the securities will be issued both in the local and international markets, but the percentages for each have not yet been established.

Nicaragua: Airport Works Announced

June 2015

The management company of the international airport in Managua has announced that it will allocate between $6 million and $10 million for expansion of the runway.

Empresa Administradora de Aeropuertos Internacionales de Nicaragua (EAAI) reported that it is currently in the design phase, with construction works to start in December.

Guatemala Launches Bond Issue

June 2010

On June 15 the Finance Ministry will start selling $560 million in Treasury Bonds in the domestic securities market.

They will use an auction-based method to sell the securities, and they are currently considering whether to offer the bonds in the international market.

“The issue will be split in 2-year, 5-year, 7-year, 10-year and 15-year securities, and the interest rates will be defined by the market.

Costa Rica: Lafise to Issue $10 million in Bonds

March 2015

The entity is preparing, for the March 18, to place corporate debt at a 2 year term and a net rate of 5.25%, via auction on the National Stock Exchange.

From a statement issued by FCCA Investment Banking:

On Wednesday March 18 Banco Lafise Costa Rica a member of the prestigious Lafise Group with operations in Central America and the Caribbean, will auction on the National Stock Exchange 10-year bonds for $10 million, at a 5.25% rate, quarterly risk rating (SCR AA-) and (PCR AA).

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SCRiesgo

Risk rating company, with rating methodologies for different types of companies and projects.
Operates in Panama, Nicaragua, Honduras, Guatemala, El Salvador and Costa Rica
Phone: (506) 2552-5936

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