Airports

November 8, 2018
 

Tocumen places bond issue

Panama’s Tocumen International Airport on 7 November placed $650 million of 30-year corporate bonds in a Rule 144a transaction on the New York Stock Exchange.

The transaction received $1.5 billion of offers, representing 2.3-times the offered amount.

The debt carries a 6.00% coupon to yield 6.25%.