Deal | 02 July 2025
OMA Strengthens Financial Profile with MXN 2.75 Billion Local Bond Offering Led by BBVA as Bookrunner
Grupo Aeroportuario del Centro Norte (OMA), a leading airport infrastructure operator in Mexico, successfully completed a MXN 2.75 billion issuance of Certificados Bursátiles (local bonds), structured in two tranches:
Both tranches were rated ‘AAA(mex)’ by Fitch Ratings and ‘AAA.mx’ by Moody’s Local, underscoring OMA’s robust financial standing and solid credit quality.
BBVA acted as Bookrunner, playing a key role in placing, and distributing the transaction in the institutional market. Leveraging its deep investment banking expertise and knowledge of the Mexican debt capital markets, BBVA coordinated a successful placement that attracted demand totaling MXN 11.917 billion—4.3 times the amount issued.
The transaction garnered strong interest from a broad base of institutional investors, including pension funds (Afores), insurance companies, government entities, mutual funds, and corporate treasuries, reflecting the market’s confidence in OMA.
Proceeds from the issuance will be used to refinance short-term debt, fund committed investments under OMA’s Master Development Plan, and for general corporate purposes—further strengthening the company’s capital structure and long-term strategic capabilities.
Operating 13 airports across nine Mexican states—including Monterrey, one of the country’s key air traffic hubs—OMA continues to consolidate its position as a strategic player in Mexico’s infrastructure development, with a focus on sustainability, digitalization, and operational efficiency.
At BBVA, we are proud to support companies like OMA in executing their financing strategies, offering tailored solutions, expert execution, and access to top-tier institutional investors.
We congratulate OMA on this important milestone in its financial strategy and thank them for their trust in BBVA. We remain committed to supporting the growth of leading corporates and the development of critical infrastructure in Mexico
- OMA 25: MXN 820 million, 3-year maturity, floating rate (TIIE de Fondeo + 45 bps)
- OMA 25-2: MXN 1.93 billion, 7-year maturity, fixed rate of 9.34% (interpolated MBono 2031–2033 + 40 bps)
Both tranches were rated ‘AAA(mex)’ by Fitch Ratings and ‘AAA.mx’ by Moody’s Local, underscoring OMA’s robust financial standing and solid credit quality.
BBVA acted as Bookrunner, playing a key role in placing, and distributing the transaction in the institutional market. Leveraging its deep investment banking expertise and knowledge of the Mexican debt capital markets, BBVA coordinated a successful placement that attracted demand totaling MXN 11.917 billion—4.3 times the amount issued.
The transaction garnered strong interest from a broad base of institutional investors, including pension funds (Afores), insurance companies, government entities, mutual funds, and corporate treasuries, reflecting the market’s confidence in OMA.
Proceeds from the issuance will be used to refinance short-term debt, fund committed investments under OMA’s Master Development Plan, and for general corporate purposes—further strengthening the company’s capital structure and long-term strategic capabilities.
Operating 13 airports across nine Mexican states—including Monterrey, one of the country’s key air traffic hubs—OMA continues to consolidate its position as a strategic player in Mexico’s infrastructure development, with a focus on sustainability, digitalization, and operational efficiency.
At BBVA, we are proud to support companies like OMA in executing their financing strategies, offering tailored solutions, expert execution, and access to top-tier institutional investors.
We congratulate OMA on this important milestone in its financial strategy and thank them for their trust in BBVA. We remain committed to supporting the growth of leading corporates and the development of critical infrastructure in Mexico