The content has been shared, if you want to share this content with other users click here.
The state-owned holding in charge of the 186bn-peso (US$10bn) international airport for Mexico City, Grupo Aeroportuario de la Ciudad de México (GACM), has begun processing paperwork for the issue of Fibra E securities.
Although the exact date of the issue has yet to emerge, local press reported it might take place this year.
In January, transport minister Gerardo Ruiz Esparza announced plans for the issue of Fibra E's. He said the proceeds from the operation, which he estimated at US$1bn, would ensure funding construction through 2020.
Once the securities reach their maturity date, they would be repaid with cash flows from passenger fees.
Under the airport's financing model, some US$6bn in bonds have already been secured via two separate issues to partially fund construction. In addition, GACM also inked a US$3bn loan deal with a handful of international banks in 2015.