Panama: Tocumen to Issue More DebtThe company Aeropuerto Internacional de Tocumen has been authorized to issue securities in the local and international market for an amount of up to $1.275 billion.Wednesday, October 7, 2015
A statement from the Presidency of Panama reports that "... Through Executive Decree authorization has been give to the corporation called Aeropuerto Internacional de Tocumen, S.A. (AITSA) to make one or more issues of securities in the local capital market and / or in the International Capital Markets in the amount of up to 1.275 million dollars to finance investment programs totaling up to 625 million balboas and the remaining amount for operations to manage existing debt (650 million dollars). " ¿Busca soluciones de inteligencia comercial para su empresa?Tocumen Issues $225 million in DebtMay 2018 The international airport of Panama has issued on the international market a 30-year debt issuance, at an interest rate of 6%. Outlook Improved for Tocumen DebtMay 2016 Fitch Ratings has upgraded from negative to stable the outlook on the issuance of $650 million made in 2013, after another $575 million was successfully issued a few days ago. Tocumen Issues Bonds for $400 millionOctober 2013 During the first day of trading 61.5% of the $650 million issue by Tocumen SA was placed in the Panamanian market. Tocumen to Issue $650 Million in BondsJuly 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.
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