ASUR in Ps.$6.39 Billion Senior Unsecured Bridge Agreement

Cleary Gottlieb represented longstanding client Grupo Aeroportuario del Sureste S.A.B. de C.V. (ASUR) in connection with a Ps.$6.39 billion (approximately $350 million) senior unsecured bridge facility to finance ASUR’s acquisition of URW Airports LLC, a retail developer and operator of airport terminal concessions at John F. Kennedy International Airport, Los Angeles International Airport, and Chicago O’Hare International Airport.

The facility was signed on December 5, 2025, and funded on December 11, 2025.

The borrowers under the facility were Aeropuerto de Cancún S.A. de C.V. and ASUR US Commercial Airports LLC, each a wholly owned subsidiary of ASUR, with ASUR acting as guarantor under the facility.

JPMorgan Chase Bank N.A. acted as sole lead arranger, sole bookrunner, lender, and administrative agent.

ASUR is a leading international airport operator with a portfolio of concessions to operate, maintain, and develop 16 airports in the Americas. These include nine airports in southeast Mexico—including Cancun Airport, the most important tourist destination in Latin America—and six airports in northern Colombia. ASUR is also a 60% JV partner in Aerostar Airport Holdings LLC, operator of the Luis Muñoz Marín International Airport serving the capital of Puerto Rico.

The Cleary corporate team included partner Duane McLaughlin, associates Adrienne Lewis and Nicole Mueller, and law clerk Jose Eduardo Coronado Castro. Partner Meyer Fedida and associate Rachel Pritzlaff advised on U.S. tax matters. Partner Samuel Chang, senior attorney James Corsiglia, and associate Ana Carolina Maloney advised on U.S. sanctions-related matters. Partner Liz Dyer and associate Gretchen Dougherty advised on ERISA matters.