The international airport of Panama has issued on the international market a 30-year debt issuance, at an interest rate of 6%.

The decision to issue the bonds is in accordance with Tocumen’s plans to modernize the air terminal’s electrical system, and to build a third runway and the first phase of the logistics area.

Prensa.com reports that “… As a debt issuer, the airport has an AAA rating. According to Fitch, the terminal has the mechanisms to make the necessary adjustments to increase its revenues and support its financial commitments.”