JPMorgan Joins Bond Team for $13 Billion Mexico City Airport

Updated on
  • Debt likely to be issued in second half of 2016, CEO says
  • Project's long-term financing predicted to reach $6 billion

JPMorgan Chase & Co. has joined four banks to manage the sale of as much as $6 billion in bonds to fund Mexico City’s new airport, with the first dollar debt likely to come in 2016’s second half, the project’s chief executive officer said.

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