Lima Airport Partners S.R.L.

active

Lima Airport Partners S.R.L. (LAP or the company) owns a build-operate-transfer concession to operate the Jorge Chavez International Airport (JCIA) in Lima, Peru. JCIA is the only commercial airport serving Lima and is Peru’s primary international airport, serving the vast majority of Peru’s international passengers. It is also the principal hub for domestic routes in Peru. Lima Airport Partners S.R.L. (LAP or the company) owns a build-operate-transfer concession to operate the Jorge Chavez International Airport (JCIA) in Lima, Peru. JCIA is the only commercial airport serving Lima and is Peru’s primary international airport, serving the vast majority of Peru’s international passengers. It is also the principal hub for domestic routes in Peru. In 2004, JCIA handled 5.1 million passengers and accounted for an estimated 64% of total air passenger traffic in Peru. The project is to help LAP streamline its shareholding structure, refinance existing debt, and finance its 2006-2008 capital investment plan.2021 Update: IFC invested in LAP in 2006 and is since then one of the shareholders of the company. The original disclosure from 2006 mentions that a second runway is foreseen in LAP’s concession agreement. IFC is proposing to exercise a rights issue with a subscription value of up to US$50millon to purchase shares granted by the company to its existing shareholders to fund the expansion of the Lima Airport, including among other components, a new terminal and a second runway, as foreseen in the concession agreement.