International Airport Finance Moves Forward With Financing Plans Following Successful Consent Solicitation: What You Need To Know

Published on November 6, 2025

A important arena for bondholders occurred arsenic International Airport Finance, S.A. managed to transportation retired its consent inducement to nan extremity for its 12.000% Senior Secured Notes maturing successful 2033. The announcement is simply a culmination of nan company’s attempts to unafraid consent from registered holders of nan Notes, pinch nan volition of making nan redemption easier done nan exertion of nan proceeds from concurrent financings. The Consent Solicitation Statement, released connected October 29, 2025, provided nan information.

The inducement sought to get waivers for definite provisions nether respective agreements associated pinch nan Notes, including nan Indenture dated March 14, 2019, and various related in installments agreements. The company’s superior nonsubjective pinch this process is to redeem nan Notes successful afloat by securing caller financing, which will impact important caller superior inflows.

Successful Consent Solicitation Results

By nan deadline connected November 4, 2025, holders representing a mostly of nan outstanding main magnitude of nan Notes successfully delivered nan required consents for nan waiver requests. This marks a important milestone for International Airport Finance, arsenic nan waiver approvals pave nan measurement for nan adjacent shape of nan financing process. The consent inducement is now final, and nary further revocations of consents will beryllium accepted.

Following this successful completion, nan adjacent steps successful nan process see nan U.S. Financing Pricing Date, which is expected to trigger nan colony date. Upon restitution of nan basal conditions, nan Issuer will disburse a rate costs to bondholders successful an magnitude of USD 10 per USD 1,000 nominal principal of nan Notes for which consents were validly delivered.

The Role of nan Proposed U.S. Financing

As portion of nan strategy, International Airport Finance’s connection has projected a U.S. financing done a elder secured statement offering. The caller offering, which is system nether Rule 144A and Regulation S of nan U.S. Securities Act, will beryllium targeted astatine qualified organization buyers and non-U.S. persons. This offering will alteration nan Issuer to unafraid nan costs needed to redeem nan Notes, an basal portion of nan company’s superior building overhaul.

In summation to nan projected New Notes, nan institution has secured commitments from Ecuadorian banks for loans up to USD 200 million, expected to beryllium incorporated into a caller in installments agreement. This operation of indebtedness instruments is designed to efficiently negociate nan company’s financial obligations while providing nan liquidity required for nan redemption of nan existing Notes.

The Financial Process and Next Steps

The adjacent important measurement successful nan process is nan occurrence of nan U.S. Financing Pricing Date, which will find erstwhile nan required waivers will beryllium effective. Upon nan colony of these actions, nan Issuer will disburse payments to nan holders of nan Notes. The timeline for nan announcement of these events will beryllium promptly communicated pursuing nan completion of nan basal steps.

International Airport Finance has engaged Citigroup Global Markets Inc. and Goldman Sachs & Co. LLC arsenic inducement agents to negociate nan process, while Global Bondholder Services Corporation is serving arsenic nan accusation and tabulation agent.

Key Milestones for International Airport Finance

The successful results of this consent inducement awesome an important measurement guardant for International Airport Finance arsenic it looks to restructure its financing arrangements and redeem nan existing elder secured notes. The waiver approvals supply nan institution pinch nan elasticity needed to proceed pinch nan redemption process, which will beryllium funded done nan projected U.S. financing and further loans from Ecuadorian banks. For investors, these developments guarantee clarity and a clear way towards nan completion of nan financing strategy, enabling a much businesslike superior building moving forward.

This announcement marks an important infinitesimal successful nan ongoing improvement of International Airport Finance’s operations, and nan institution remains committed to maintaining beardown financial wellness arsenic it useful to instrumentality these changes.