Airport sales in Latin America totaling R$11.5 billion.

Airport Sales In Latin America, this represents a significant milestone in the aviation sector, with a total amount of R$ 11.5 billion, which includes R$ 6.5 billion in debt.

This article will explore the details of this transaction, analyzing its impact on the company's financial leverage and the geographic distribution of the 20 airports involved, 17 in Brazil and 3 abroad.

We will also discuss the airport terminals that are part of the agreement and the prospects for the completion of the sale in 2026.

Financial Overview of the Transaction

The sale of the airport operation in Latin America represents a significant step in the strategy of the company involved.

With a sales value of R$ 11.5 billionThis transaction includes R$ 6.5 billion in debt and is aligned with a strategic plan aimed at simplifying the portfolio.

This move aims to prioritize strategic segments, such as highways and railways.

Exiting the airport sector is part of an ongoing effort to optimize the company's capital structure and reduce its leverage.

The transaction is expected to be completed in 2026, giving the company time to meet all necessary regulatory requirements and obtain approval from the relevant authorities.

Another important factor in this negotiation is the potential positive impact on leverage, which should fall from 3.5 times to less than 3 times, offering the company more financial flexibility.

The operation includes the sale of 20 airports, 17 located in Brazil and 3 abroad, covering countries such as Costa Rica, Curaçao and Ecuador.

Among the Brazilian airports highlighted are Curitiba, Belo Horizonte, and Goiânia.

This large-scale asset divestment is part of a larger strategic move aimed at concentrating efforts and capital in areas of higher return.

The valuation of the business considered an EV/EBITDA multiple of 8.8 times, reflecting the attractiveness of these assets to the buyer.

The transaction not only frees up capital, but also provides the company with an opportunity to focus on its core areas.

Thus, the company establishes a stronger market position, seeking to optimize its resources and allocate capital more efficiently, which is crucial for facing future economic and competitive challenges.

For more details about this transaction, you can check at G1 portal.

Portfolio of Airports Sold

The portfolio of 20 airports included in the deal represents significant geographic diversity, with 17 located in Brazil and 3 in international markets such as Costa Rica, Curaçao, and Ecuador.

These terminals, which include important centers such as Curitiba, Belo Horizonte, and Goiânia, are strategic for connectivity and economic development in the regions where they operate.

The sale of these assets aims not only to reduce leverage, but also to optimize airport operations in a context of growing demand for air transport.

Geographic Distribution

The recent sale of airports in Latin America highlights the strategic division of assets between Brazil, Central America It is South America.

Among the 20 airports sold, a significant portion, 17 in BrazilThis underscores the country's strong presence in the aviation market.

You three remaining airports They are located outside of Brazil, emphasizing the international scope of the operation.

This distribution was planned to optimize efficiency and reducing leverage The company's leverage ratio is expected to fall from 3.5 times to less than 3 times, as reported.

Below is a list of the foreign countries that will host these airports:

• Costa Rica
• Curaçao
• Ecuador

This strategic distribution provides global connectivity while maintaining the relevance of the Brazilian aviation market.

Furthermore, it ensures sustainable growth and enhances the reach of airport infrastructure in the region.

This transaction, expected to be completed in 2026, promises to transform the aviation landscape in Latin America.

Main Brazilian Airports

The Brazilian airports that were sold represent a significant part of the country's transportation infrastructure, involving strategic terminals that drive passenger traffic and cargo operations.

Among the main terminals involved in this billion-dollar dealSeveral key airports stand out, essential to the national air network.

For sale It covers 17 Brazilian airports. which become part of a broader international operation.

The main airports included in this package are:

• Curitiba
• Belo Horizonte
• Goiânia

Its primary functions include serving large urban centers and facilitating interstate connections and transportation.

It is relevant to note that the inclusion of these ammunition depots in the transaction highlights its economic weight in the regions where they are located.

The sale to Mexican group This reflects the leverage reduction strategy of the former owner, simplifying its operation without losing its... efficiency.

Thus, they represent a strategic move in the management and expansion of the operational capacity of those involved.

Financial Implications of the Operation

The sale of the airport operation in Latin America has significant financial implications for the company, as it alters its capital structure by reducing financial leverage, which should fall from 3.5 times to less than 3 times.

With reduced debt, the company becomes more flexible and able to invest in new opportunities, fostering a more favorable environment for future growth.

This change is expected to result in direct benefits for shareholders and investors, such as increased share value and greater capacity for dividend distribution.

Reducing Leverage

The sale of 20 airports by Motiva to the Asur group for R$ 11.5 billion is a milestone in the strategy of reduction from 3.5 times to less than 3 times in the company's financial leverage.

Leverage, in a financial context, means using third-party resources to increase returns on one's own investments.

High leverage ratios may indicate elevated risk, while a lower ratio suggests greater financial stability.

With this operation, relevant Not only for leverage, but also for liquidity and growth potential, Motiva paves the way for new investments and strengthens its competitive capacity in the market.

The proceeds from the sale will be used to pay off debts, resulting in a healthier capital structure and less dependence on external financing.

This is especially crucial in a volatile economic environment, where companies with lower leverage tend to be more resilient.

Learn more about this transaction and its impact.

Ultimately, the reduction from 3.5 times to less than 3 times This represents a significant step towards a more robust and attractive financial landscape for investors.

Multiple EV/EBITDA

O EV/EBITDA multiple of 8.8 times In the sale of airports in Latin America, this is an indicator that highlights the relationship between the economic value of an asset and its cash generation capacity.

To understand this, consider that a company has an EBITDA of R$ 100 million.

Applying a multiple of 8.8, your Company Value (Enterprise Value) would be R$ 880 million.

In other words, investors are willing to pay 8.8 times the operating profit before interest, taxes, depreciation, and amortization to acquire such assets.

This value is considered adequate as it reflects the potential for future cash generation, which is essential in a transaction such as the sale of airports.

Similar transactions demonstrate that a multiple like this implies strong confidence in the asset as a continuous generator of revenue.

For more details, see the (Source: InfoMoney) and understand the logic behind this strategic decision.

In summaryAirport sales are a crucial strategy for reducing leverage and restructuring the sector, with significant implications for the future of the airports involved.