Aerovias de Mexico secures a $250 million syndicated credit facility, renewing and expanding its previous $200 million facility to strengthen financial position and liquidity.
Aerovias de Mexico, a subsidiary of Grupo Aeromexico, renewed and expanded its syndicated credit facility to $250 million. This transaction enhances the company's liquidity and financial position. BBVA Mexico coordinated the financing with contributions from multiple financial institutions. The support enables Aeromexico to pursue strategic investments and execute its long-term plan.
Company Information
Company
Aerovias de Mexico S.A. de C.V
Location
Mexico City, Mexico
About
Grupo Aeromexico, S.A.B. de C.V. is a holding company with subsidiaries engaged in commercial and cargo aviation in Mexico. It operates Mexico's global airline and has its main hub at Mexico City International Airport. The company maintains a network of destinations that covers multiple continents. Aeromexico is a founding member of the SkyTeam airline alliance.
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